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As a pillar industry for realizing the Made in China 2025 initiative, the steel sector plays a crucial and active role in boosting the country's intelligent manufacturing.
As an example of achievements made in this regard, in 2016 more than 700 People's Daily stories were translated into over 20 languages and published by mainstream media outlets of international influence.
As for balancing investment risks, Stephen said China is trying market-based tools and moving incrementally in its international efforts.
As a result, even though some countries do not buy products directly from Huawei, they still use the essential patents of Huawei, and share in the benefits of the technology Huawei creates, the company added.
As a next step, Weng stressed that SOEs will form more partnerships with private companies, in particular the small and medium-sized enterprises, as they will boost synergetic innovation among all small, medium-sized and large companies.
来源：资阳报