China says foreign firms welcome to participate in 5G market

FILE PHOTO: Employees wait for a shuttle bus at a 5G testing park at Huawei's headquarters in Shenzhen, Guangdong province, China May 29, 2019. REUTERS/Jason Lee - Copyright JASON LEE(Reuters)

By Reuters

Published on 06/06/2019 - 05:04•Updated 25/04/2024 - 11:56

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SHANGHAI/HONG KONG (Reuters) - China's industry ministry said on Thursday that it will continue to welcome foreign enterprises to actively participate in the country's 5G market after it granted licences to four domestic companies.

Miao Wei, who heads the Ministry of Industry and Information Technology, made the comments in a speech, according to a transcript published on ministry's website.