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China's ratio of R&D expenditures to business revenues was 2.27 percent during that period, which is quite high but still lower than many other major economies, he said in an interview. "It means there's still much room for China to further increase its R&D expenditures."
China's three major telecom operators are scheduled to officially launch their 5G data package plans on Thursday, which is expected to give a big push to 5G smartphones. China Mobile, China Unicom and China Telecom have already pushed 5G preregistration with plentiful discounts and free 5G data allowance and managed to attract interest from more than 10 million subscribers.
Chinese President Xi Jinping (R) meets with South Korean President Moon Jae-in in Da Nang, Vietnam, Nov. 11, 2017. (Xinhua/Ding Lin)
China, on the other hand, is concentrating on improving the real economy and is following a much less risky monetary and fiscal policy course. At the same time, Chinese industry is being restructured toward higher value products with world-leading technology. And China is taking many steps to move toward more efficient market-based institutions.
Chinese AI startup Sense-Time Group unveiled a smart diagnostic system called SenseCare in September. It is designed to enhance doctors' working efficiency and precision by facilitating and tracking the entire diagnosis, treatment and surgery process using algorithms.
来源：资阳报