The country effectively countered external attempts to suppress and contain China's development over the past five years by promoting development of the real economy through innovation and fostering new drivers of growth, Li said, without naming any countries.
The Biden administration has been considering limiting the items it authorizes US companies to ship to telecoms equipment giant Huawei Technologies Co, which was added to a US trade blacklist in 2019 but which continues to receive billions in US goods under a special plan implemented by the Trump administration.
In 2021, McKinsey said in a report for Nasscom that enterprise tech spending as a percentage of revenue will move from 3% in 2020 to 5% by 2030.
Foxconn said in a statement on Saturday that no deals had been finalised during chairman and CEO Young Liu's visit to India from February 27 to March 4. "Foxconn has not entered into binding, definitive agreements for new investments during this trip," the statement said.
The report comes after several advertisers slashed their spending on the social-media platform after Elon Musk took charge of the company on October 27
The review also said that to better tackle misinformation related to elections, the company should ensure that employees with language fluency are more involved in enforcement actions instead of relying on translation.
According to figures recently published by the NSPCC (National Society for the Prevention of Cruelty to Young Children), Snapchat accounted for 43% of cases in which social media was used to distribute indecent images of children.
