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But with the Shanghai plan, telecom base stations can be directly equipped to the 30,000 5G-ready poles, greatly saving time and boosting efficiency, the executive said.
But the company's ambitious growth in its output value will mainly come from its smartphone business, which is expected to contribute between 60 percent and 70 percent of the HK billion output value in 2018, Yeung said.
By UBS' estimation, 30 percent of the 199 new self-made entrepreneurs worldwide in 2017 accumulated their wealth through innovation and business model disruption.
But they do face challenges, Zeng said, giving the example of the intensified market competition, resulting from more commercial banks engaging in microlending.
By 2015, 11.4 billion yuan (.65 billion) had been raised through crowdfunding platforms in China. The World Bank forecasts great crowdfunding growth potential in China, estimating it will be worth billion by 2025－52 percent of the global total.
来源：资阳报