Chinese Ambassador to Sweden Cui Aimin meets with Börje Ekholm, President and CEO of the Ericsson Group on Tuesday. Photo: Embassy of China in Sweden
It is hoped that China and Sweden will focus on growth and cooperation, cut back technological differentiation, collectively deepen the cooperation on 5G and 6G, and attempt to ascertain a world unified 5G and 6G requirements, Chinese Ambassador to Sweden Cui Aimin stated on Tuesday.
Cui made the remarks whereas he was invited to go to Ericsson’s headquarters in Stockholm, and met Börje Ekholm, President and CEO of the Ericsson Group, throughout which the 2 sides exchanged views on deepening sensible cooperation within the discipline of knowledge and communication.
Ekholm stated Ericsson attaches nice significance to the Chinese market and will proceed to deepen engagement within the nation.
Ericsson will share the massive alternatives of China’s growth, and work with Chinese firms reminiscent of Huawei to advertise the unification of world info and communication requirements, Ekholm stated.
Ekholm famous that over the previous twenty years, China has made nice achievements within the fields of communication infrastructure, technological innovation and synthetic intelligence and led the event of the worldwide info and communication trade, which has additional strengthened the corporate’s confidence in cooperation with China.
Ericsson is likely one of the largest cellular communication gear suppliers on the planet and accounts for 58 % of world 5G market.
It presently has about 13,000 workers in China, the place it additionally has its largest R&D heart outdoors of Sweden, with an annual funding of greater than 3 billion yuan ($449 million).
Cui identified that China and Sweden have nice potential for financial and commerce growth and share extremely complementary economies.
China’s enormous market measurement, benefits in info and communication, logistics and infrastructure can present a stable basis for Swedish firms together with Ericsson to develop in China whereas Sweden’s superior communication expertise and administration expertise also can assist improve the effectivity of China’s info and communication expertise, Cui stated.
China is likely one of the main markets for 5G and has been enjoying an necessary function in accelerating the digital transformation of industries with a robust 5G demand.
As of early March, China had round 1.43 million 5G base stations and over 500 million 5G customers. The nation will work to make sure the variety of 5G base stations tops 2 million this 12 months, official information confirmed.