China's technology market has seen more than 484,000 technology contracts in 2019, with the total volume of transactions at 2.24 trillion yuan ($318.6 billion), new data showed.
Chinese internet-based businesses are pulling out all the stops to contribute big money, donations, medical supplies, equipment, technologies, expertise and innovations to help combat the novel coronavirus.
Forced cancellation of offline events, stagnation of market sales, disruption of supply chains, and delayed return of tens of thousands of workers, the challenges posed by the ongoing coronavirus epidemic on Chinese tech firms are unprecedented.
In the last decade Chinese companies have rapidly grown to international players in foreign markets by leveraging the growth experienced in the huge domestic market.
Chinese tech giant Huawei announced here on Thursday that it has so far been awarded 91 commercial 5G contracts and shipped over 600,000 5G Massive MIMO Active Antenna Units (AAUs).
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