During a visit on Tuesday (25th) to subsidiaries of CHINA TELECOM (00728.HK)  -0.140 (-2.251%)    Short selling $45.12M; Ratio 8.503%   , CHINA UNICOM (00762.HK)  -0.430 (-4.484%)    Short selling $48.46M; Ratio 4.584%   and CHINA MOBILE (00941.HK)  -0.300 (-0.353%)    Short selling $286.17M; Ratio 9.638%   to review technological innovation efforts, Li Qiang, Chinese Premier, stressed the need to intensify innovation in cutting-edge and emerging fields.

He urged efforts to seize strategic advantages and take the initiative, leveraging technological breakthroughs to drive industrial innovation, foster new productive forces, and promote high-quality development.

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At China Telecom Cloud Technology, Li Qiang received briefings on the development of State Cloud and quantum communication. He emphasized the importance of steadfastly pursuing independent innovation, accelerating R&D in key areas, and tackling original and transformative technologies.

At China Unicom Data Intelligence, Li Qiang highlighted the need to deepen the integration of the digital and real economies, strengthen new infrastructure development, and leverage leading enterprises as exemplars. He called for the effective implementation of a special initiative to digitally empower small and medium-sized enterprises (SMEs), aiming to unlock new economic opportunities through higher-quality value creation.

While inspecting China Mobile Innovation Center, Li Qiang underscored the urgency of advancing 6G technology research and standardization. He advocated for optimizing the allocation of computing resources, enhancing widespread access, and addressing mismatches in computing supply and demand to better serve and support private companies and SMEs.
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