{"id":154644,"date":"2020-11-07T06:33:22","date_gmt":"2020-11-07T01:33:22","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=154644"},"modified":"2020-11-07T13:01:51","modified_gmt":"2020-11-07T08:01:51","slug":"huawei-contributed-eur16-4b-to-europes-gdp","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/huawei-contributed-eur16-4b-to-europes-gdp\/","title":{"rendered":"Huawei contributed EUR16.4b to Europe\u2019s GDP"},"content":{"rendered":"<p>ISLAMABAD: In an Oxford Economics report released today titled The Economic Impact of Huawei, Huawei was found to have contributed EUR16.4 billion to Europe\u2019s GDP and supported 224,300 jobs in 2019. The company also generated EUR6.6 billion in tax revenues for European authorities during that same time. Huawei has also played an active role in R&#038;D across Europe. The 2019 EU Industrial Investment Scoreboard ranked Huawei as the world\u2019s fifth largest R&#038;D investor.  The European Patent Office also noted that Huawei topped its ranking for patent applications in 2019.  \u201cInvestment in R&#038;D\u2014like that undertaken by Huawei\u2014is crucial to a general increase in the productive capabilities in the European economy,\u201d said Pete Collings, Director of Europe and Middle East Economic Impact Consulting at Oxford Economics. Abraham Liu, Huawei\u2019s Chief Representative to the EU Institutions, said, \u201cIn 2019, Huawei\u2019s operations generated a direct contribution of EUR2.8 billion to European GDP, an average growth of 11.4% annually over the past five years. In this unconventional year, Huawei has ensured stable, secure network operations to help people work and learn online. DNA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: In an Oxford Economics report released today titled The Economic Impact of Huawei, Huawei was found to have contributed EUR16.4 billion to Europe\u2019s GDP and supported 224,300 jobs in 2019. The company also generated EUR6.6 billion in tax revenues for European authorities during that same time. Huawei has also played an active role in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":151889,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-154644","post","type-post","status-publish","format-standard","has-post-thumbnail","category-technology"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Huawei contributed EUR16.4b to Europe\u2019s GDP<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/huawei-contributed-eur16-4b-to-europes-gdp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Huawei contributed EUR16.4b to Europe\u2019s GDP\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD: In an Oxford Economics report released today titled The Economic Impact of Huawei, Huawei was found to have contributed EUR16.4 billion to Europe\u2019s GDP and supported 224,300 jobs in 2019. The company also generated EUR6.6 billion in tax revenues for European authorities during that same time. Huawei has also played an active role in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/huawei-contributed-eur16-4b-to-europes-gdp\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-07T01:33:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-07T08:01:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2020\/10\/Huawei.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1105\" \/>\n\t<meta property=\"og:image:height\" content=\"716\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" 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