Business / Economy

Proposals from business tycoons

(chinadaily.com.cn) Updated: 2015-03-09 07:14

Xi Guohua, chairman of China Mobile, and member of the 12th Chinese People's Political Consultative Conference National Committee

Proposals from business tycoons

Xi Guohua attends the opening ceremony for the China Mobile Global Network Center in Hong Kong, Nov 13, 2014. [Photo/IC]

China's Time-Division Long-Term Evolution (TD-LTE) technology needs expanding overseas, Xi said and needs the government's support. Reducing trade barriers will be conducive to Chinese telecom companies having fair investment opportunities abroad, he added. Exports worth 400 billion yuan and 800,000 jobs will be created as the TD-LTE technology expands overseas helping Chinese telecom companies develop in world mobile telecommunications.

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