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China is catching up fast with advanced economies in adopting and fostering the internet of things or IoT to make manufacturing more efficient and competitive, said the head of China operations of a global consulting firm.
China hopes the two sides can enhance exchanges, discuss cooperation models and complement each other's advantages so as to achieve mutually beneficial and win-win results.
China is considering introducing a "countercyclical factor" to adjust the way it calculates the yuan's daily reference rate against the dollar, according to a statement by the country's foreign exchange trading system on Friday. Analysts said the move will help prevent excessive fluctuation of the currency.
China is expected to have 576 million 5G users by 2025, or over 40 percent of global consumption, according to a report released by global consultancy EY earlier this month.
China has transferred its most advanced technologies in this field to Pakistan. Reflecting this stance, Power-China has helped Pakistani engineers involved in the project to study in China, so they can operate the power plant in the future, said the company.
来源：资阳报