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China Mobile, the world's largest telecom carrier by subscribers, will hand out 2 billion yuan (3 million) as subsidies to internet of things (IoT) device makers, as part of its broad push to build one of the world's largest IoT networks.
China Literature Ltd, the online literature-focused arm of the mainland's tech conglomerate Tencent Holdings Ltd, reportedly plans to seek a listing approval in a hearing with the Hong Kong stock exchange this week, making a move closer to its scheduled IPO that is expected to raise 0 million to 0 million.
China added a total of .12 billion of non-financial ODI into countries participating in the Belt and Road Initiative, up 19.4 percent year on year. Investment in member states of the Association of Southeast Asian Nations (ASEAN) also saw stellar growth of 53.1 percent to .23 billion.
China announced plans to create Xiongan New Area in April as part the integration of the Beijing-Tianjin-Hebei region. It is designed to ameliorate urban ills such as traffic congestion and air pollution.
China Mobile, the world's largest telecom carrier by mobile subscribers, seems to have adopted a more aggressive strategy. It has started arguably its biggest effort so far to invite bids for network construction and smartphone testing, with the pre-estimated price of its first phase of 5G build out in 2019 set at 19.26 billion yuan (.81 billion).
来源：资阳报