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China Mobile said 50,000 of its 5G base stations have already entered services so far, with 5G services available in 50 cities.
China Petroleum and Chemical Corp reported a 19.15 billion yuan (.71 billion) net loss in first-quarter earnings, compared with 14.76 billion yuan net profits in the first quarter of 2019.
China and Japan saw bilateral trade rise 14.2 percent year-on-year to 1.67 trillion yuan (2 billion) during the first 10 months of the year, accounting for 7.4 percent of China's total foreign trade, customs data showed.
China also may make more investments in infrastructure, and keep its monetary stance at an appropriate level to stabilize the economy, said Louis Kuijs, head of Asia Economics at Oxford Economics. Policymakers are expected to take further measures that could "include possibly more reserve requirement ratio cuts (to banks' cash reserves), additional support for infrastructure and further cuts in taxes and social security contributions".
China SME Development Fund Co Ltd was recently set up in Shanghai, with 15 national ministries, State-owned business giants and leading companies in various fields holding stakes.
来源：资阳报