On January 27, 2016, Weichai Group and China Telecom signed a strategic cooperation agreement on "Internet + Intelligent Manufacturing" at Weichai Industrial Park.
Weichai and China Telecom had a good basis for strategic cooperation. As a large state-owned communication company, China Telecom is one of the three major telecom operators in China. With the product and service advantages in internet, cloud computing, big data, IOT applications and many other fields, China Telecom is trying to become the founder of "Internet +" industrial ecosystem. Being one of the strongest automobile and equipment manufacturing groups in China and a supplier for all applications of all ranges, Weichai is actively seeking the transition from a traditional manufacturer to service-oriented manufacturer. We can say that the two sides share much in common in strategy and their resources can complement each other, which can promise good future cooperation.
The signing of the strategic cooperation agreement officially marked the formation of a strategic partnership between Weichai and China Telecom. The bilateral cooperation had entered a new stage. Both sides said that they would take their respective advantages to carry out interdisciplinary cross-industry collaborative innovation, continuously research the common problems in the equipment manufacturing industry, promote the establishment of a number of common technologies and industry standards, promote industry innovation and development, and make a positive contribution to the "13thFive Year Plan "structural reforms and the Chinese dream of becoming a "strong manufacturing country”.