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China says foreign firms welcome to participate in 5G market

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Via Yahoo Finance

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.

(Reporting by Brenda Goh in Shanghai and Sijia Jiang in Hong Kong; editing by Uttaresh.V)

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