China Mobile announced the "Joint Innovation Plus" plan, which is a comprehensive upgrade and redefinition of cooperation and innovation. It explores a new model of joint R&D with "joint investment, shared risks, shared results, and shared benefits"; identifies key partners and initiates innovation cooperation with enterprises, universities and other partners via the laboratories and other vehicles; creates five cooperation segments: innovation partners, joint innovation vehicles, innovation R&D cooperation, results transformation policies, and creative investment and financing matchmaking; jointly exports R&D results, and promoting the landing and transformation of results through various channels with key partners.