National People's Congress deputy representative Lei Jun: Xiaomi will invest 200 billion yuan in the next 5 years to promote hard technology innovation.

National People's Congress deputy and founder of Xiaomi Group, Lei Jun, stated that Xiaomi Group will focus on tackling key core technologies. Xiaomi will also continue to promote the cultivation of new productive forces, drive the deep integration of high-end manufacturing with emerging industries such as new energy vehicles, robots, and other areas, and consider technological innovation as the core driving force for Xiaomi's development. Lei Jun also revealed that in the next five years, Xiaomi will invest a total of 200 billion yuan to promote hardcore technological innovation.