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Currently, Qualcomm owns a 45 percent stake in Huaxintong, while 55 percent is held by the Guizhou provincial government.

Currently, the three other shareholders of the company are: Beijing Guoxiang Property Management Co Ltd (33 percent), Guangdong Provincial Communication Group Co Ltd (14.01 percent), and China Guodian Capital Holdings Ltd (1.99 percent).

DENVER, the United States — Denver city officials welcomed Chinese government and energy leaders with open arms Friday as the city hosted the bilateral Energy Efficiency Forum (EEF) for the first time.

Cui Tiankai, Chinese ambassador to the United States, and Kentucky Governor Matt Bevin speak with reporters on Monday in Frankfort, Kentucky. ZHAO HUANXIN / CHINA DAILY

Cross-border e-commerce came into a golden growth period and became a new engine to boost Guangdong's foreign trade industrial development when traditional foreign trade was affected by the global spread of the COVID-19 pandemic since the beginning of year, said the statement.