The comprehensive strategic cooperative partnership between China and Africa has enjoyed a sound and smooth development last year, international cooperation under the Belt and Road Initiative has made early gains in Africa, and the concept of win-win cooperation and common development enjoys popular support, Lu said.
The company, which used to be a big tax contributor to the city of Cangzhou, northern China's Hebei province, has encountered a difficult time in the past two years because of cash flow problems and a stagnant market.
The company plans to go public on the Hong Kong stock exchange next year targeting a valuation of billion to billion, according to an earlier report by South China Morning Post.
The company’s chatting service called WeChat is another prime example with?400 million registered users, including 70 million international users, according to a recent count. Facebook was willing to pay dearly (up to billion) for WhatsApp, its close competitor.
The company recently secured an order for supply of more than 50 boarding bridges worth 130 million yuan from Chile's Santiago International Airport, the biggest such deal in the South American market.
The company is trying to maximize public exposure of local produce from impoverished regions by linking customers with a dedicated, one-stop landing page via Taobao's home page.
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The company signed a three-year agreement to supply 1.43 GW of high efficiency modules to sPower, a United States-based renewable energy independent power producer, on Tuesday. It has also been actively advancing its global layout in recent years while heavily investing in advanced solar technologies.
The company said today consumers prefer to manage their life through apps, and apps are increasingly becoming a must-have for many businesses and industries.
The company started its global expansion in 2018 in Southeast Asia, setting up a subsidiary in Singapore. Since then, it has expanded into Indonesia, the Philippines, Thailand and other countries in the region.
The company said it would install devices to offset the effects of the design flaw free of charge.