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China Merchants Bank has provided a 341 billion yuan fund for 1,186 clients involved in the initiative, which includes cross-border renminbi loans, bilateral bonds and equity investments.

China Mobile will work with Chinese telecom giant Huawei Technologies Co Ltd to provide a full-coverage wireless 5G network for the high-speed railway that connects Hong Kong to the Chinese mainland, according to Wei Ming, chairman of China Mobile Guangdong branch.

China and the US inked a phase one trade deal in January, marking a high point in their nearly two years of trade tensions. Last month, China moved to halve tariffs on imports of a number of US products that followed recent tariff reduction decisions by the world's largest economy.

China and Japan have enjoyed a generally good momentum in the development of bilateral relations, Wu said, adding that there are also divergences between the two countries.

China Daily recently co-hosted a media training course with Shanghai International Studies University and University of International Business and Economics. The trainees were from major media agencies in Belt and Road countries. On June 26, the trainees visited Yangshan Port, Lingang Exhibition Center and China Maritime Museum - all located in Shanghai's Lingang Economic Development Zone. [Photo provided to chinadaily.com.cn]