CRI听力:Discussion on corporate news of the week
Story 1: Wintime Energy to Invest 400 Million Pounds in England's Hinckley Point C
Firstly Chinese energy company Wintime Energy Co. Ltd. has announced plans to invest 400 million pounds in Hinckley Point C, which will be the world's largest nuclear plant.
Once the deal is completed, Wintime Energy will become the first private Chinese investor in the British project.
The investment will grant Wintime a 10 per cent stake in Chinese consortium Definite Arise, which is preparing to invest up to 7.95 billion pounds in the power station in the West of England.
Story 2: China Mobile eyes 2020 start for 5G
China's telecom giant China Mobile is making preparations for 5G networks.
The company will select four to five cities next year to build pre-commercial prototypes to verify and develop 5G systems.
It is stepping up efforts to reach the goal of commercializing 5G services in 2020.
China Mobile will next test technology solutions for the 5G mobile internet and the internet of things.
The tests will be conducted on a unified platform, with unified frequencies.
That was Doug Young, company news chief for the English edition of Caixin.
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