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Huawei Partners With State-Owned China Post

By Zhao Runhua / Jun 05, 2019 05:35 PM / Business & Tech

Photo: VCG

Photo: VCG

China’s 5G giant Huawei is now in a strategic partnership with state-owned logistics company China Post, according to the latter’s official statement.

The tie-up will focus on areas such as logistics, cloud computing and big data, to "foster China Post's digital transformation” in postal finance, delivery, and related business units, the statement said. The two parties will also set up technology laboratories.

“China Post shoulders the responsibility as a member of China’s ‘national team’ in the industry, and is dedicated to providing comprehensive and diverse services to clients,” the statement said.

The announcement also comes only days after the Chinese government launched a probe into U.S. courier FedEx for its “misdelivery” of parcels sent by Huawei.

Related: Caixin Explains: How a Stock Market Crash Created China’s ‘National Team’

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