Scientists and engineers in ancient China made important discoveries and advanced technology in China. For example, the Qing Dynasty has astronomical tools and instructions for how to build them. Today, engineers and scientists from China continue to make important discoveries. Their innovations have been widely recognized as a key factor in advancing their country's technological capabilities.
Huawei
Worldwide mobile operators demand Huawei's technology. The company has lower prices than its competitors. This is due to low labor costs, innovation and high management efficiency, according to the company. It also says its advantage comes from the Chinese government's subsidies. Some European countries believe that 5G networks come with risks.
Huawei was founded in 1987. It has grown to be the largest manufacturer of telecommunications equipment in the world. The company's annual revenue reached $123 million in 2019, an increase of 19 percent over the previous year. Some Western companies raised concerns about Huawei’s close ties with China's government and the potential cyberspying and industrial spying.