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China Telecom Bestpay, a wholly owned subsidiary of China Telecom Corp committed to mobile payment, announced Thursday plans to invest 10 billion yuan (.5 billion) in resources to boost its presence in the fast-growing market.
China and countries of the Nordic and Baltic regions should respect each other's core interests and major concerns following a principle of mutual benefit, equal treatment and inclusiveness, President Xi Jinping said on Wednesday.
China and other countries would like to invest along the Belt and Road. But the investment climate needs to be good. There are a lot of infrastructure needs, but the policy environment for infrastructure investment needs to be right. A great deal of reforms will also be necessary to make the Belt and Road Initiative a success. Then, of course, there is the infrastructure itself, which will require quite a bit of financing, and that is one of the areas that the World Bank and our colleagues from the private sector arm, the International Financial Corporation, are focusing our efforts on. We are looking at policy, sectoral investment climate, and financing as well.
China Mobile is committed to accelerating the building of new generation information infrastructure, and its accumulative investment in 4G has surpassed 450 billion yuan (.2 billion). The 4G base station has came up to 1.62 million, which accounts for 30 percent of 4G base stations worldwide.
China and the UK should draw lessons from history, respect each other's sovereignty and territorial integrity, and respect each other's core interests and major concerns. Moreover, the two countries should refrain from interfering in each other's internal affairs, harming each other's core interests, undermining strategic mutual trust, or challenging each other's bottom lines.
来源：资阳报