Chinese scientists and engineers made great discoveries in China and made significant technological advances. In the Qing dynasty, for example, instructions for building astronomical instrument and their construction are available. Chinese engineers and scientists are making significant discoveries today. Their achievements have been widely recognized as a major factor in the country's technological advancements.
Huawei
The technology of Huawei is highly sought after by mobile network operators all over the globe. Its prices are much lower than that of its rivals. This is due to low labor costs, innovation and high management efficiency, according to the company. The Chinese government's subsidy is also a major factor in the company's advantage. However, some European countries claim that any 5G network is subject to inherent 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. However, concerns have been raised by some Western companies about Huawei's close ties to the Chinese government as well as the potential for industrial spying and cyberspying.