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China Mobile, the country's largest telecom operator, will invest several hundreds of billion yuan into 5G-related industries through equity participation and mergers and acquisitions over the next five years, the company said on Friday.
China Essentials 2.0 builds upon the plan to integrate China into their global clinical R&D program that was central to version 1.0, with a further commitment to working with China's pharmaceutical innovation drivers to both improve local innovation and R&D capabilities, and improve the ability of local companies to transform research into results.
China added its treasuries holding by 10 billion US dollars in May, with the total holding up to 1.1022 trillion dollars.
China Mobile, China Unicom, China Telecom and China Tower Corp, which manages most of the nation's telecom towers, also said in 2018 that they will invest more than 200 billion yuan ( billion) over four years to build up cutting-edge 5G information infrastructure in the nation's Yangtze River Delta region. Deals have been inked with local authorities from Shanghai and its three neighboring provinces of Zhejiang, Jiangsu and Anhui.
China Taiyuan Coal Transaction Center. [Photo provided to chinadaily.com.cn]
来源：资阳报