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China also has the largest industrial system in the world with the most complete categories and complete supporting facilities, enabling the rapid transformation from product research and development to scale production and high-frequency and flexible product upgrading, both of which are also highly valued by foreign-funded enterprises, he said.
China Mobile established its 5G joint innovation center in 2016 and built 22 open laboratories and five industry alliances to boost innovation capability of the industry. The company launched China's first 5G Multimedia Innovation Alliance (5MII) in 2017, covering whole industrial chain links of digital media such as content production, transfer, distribution, and consumption.
China Railway Rolling Stock Corp, the country's manufacturer of locomotives and rolling stock, will continue to bank on localized manufacturing, procurement, employment, services and management to drive growth in markets related to the Belt and Road Initiative, a senior executive said on Friday.
China and Kazakhstan signed documents on Thursday to bolster cooperation in such areas as trade, finance, infrastructure construction and hydroelectric projects during President Xi Jinping's ongoing state visit.
China and the ASEAN signed a free trade agreement in 2004 and established the China-ASEAN Free Trade Area a decade back. In November 2018, the two sides upgraded the protocol of their free trade agreement to build the largest free trade zone among developing countries.
来源：资阳报