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China's leading automaker FAW Group said Wednesday that it sold 12,630 cars under its iconic sedan brand Hongqi in January, posting a 142.7-percent year-on-year growth. [Photo/Sipa]
China's domestically produced screens also gained momentum in the high-end cellphone market in the first six months. About 19 percent of Chinese smartphones worth more than 3,000 yuan (5) used homemade screens, up 10 percent year on year.
China's cloud market is becoming increasingly crowded, with domestic and foreign companies competing aggressively. Both Dell and Microsoft's cloud expansion plans come as the companies are locked in fierce competition with Amazon.com Inc.
China's investment in 5G technology is expected to exceed one trillion yuan (5 billion) in the next five years, driving the total economic output to more than 10 trillion yuan, People's Daily reported on Wednesday.
China's online education platform Yuanfudao raises billion in financing round. [Photo provided to chinadaily.com.cn]
来源：资阳报