Chinese tech giants team up with State Grid on new digital infrastructure for energy sector

//Chinese tech giants team up with State Grid on new digital infrastructure for energy sector

Chinese tech giants team up with State Grid on new digital infrastructure for energy sector

The Chinese government-backed State Grid Corporation plans to invest 24.7 billion yuan (US$3.48 billion) this year in digital infrastructure to bolster Beijing’s efforts to kick start economic recovery in the wake of coronavirus lockdowns.The world’s largest utility has signed strategic cooperation agreements with four Chinese tech giants including Huawei Technologies, Alibaba Group, Tencent Holdings and Baidu, State Grid spokeswoman Wang Yanfang told state broadcaster CCTV on Monday.It will…

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By | 2020-06-16T09:45:16+00:00 June 16th, 2020|Technology|Comments Off on Chinese tech giants team up with State Grid on new digital infrastructure for energy sector