Miao Wei, Minister of Industry and Information Technology: Tesla's price cuts are short-term pressure and long-term opportunities

In the morning of January 20th, the State Council Information Office held a press conference and invited the Minister of Industry and Information Technology Miao Wei to introduce the development of the industrial communications industry in 2019 and answer questions from reporters.

In response to questions from the media, Miao Wei said that Tesla's price cuts will bring pressure and challenges to other companies in the short term, and will also be an opportunity in the long run. In the competition with international enterprises, the advantages are complementary and the development is win-win. A catfish stirs up a pool of water.

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