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China saw booming shipments of 5G handsets after it greenlighted commercial use of 5G technologies last June. Some 13.77 million 5G smartphones were shipped in 2019, data from the China Academy of Information and Communications Technology (CAICT) showed.
China should continue to reduce excess capacity, curb credit, lower debt leverage in the corporate sector and reform state-owned enterprises, said Sudhir Shetty, chief economist of the World Bank's East Asia and Pacific Region.
China is willing to continue discussions on purchasing more Airbus airplanes from France as part of bilateral cooperation in the aviation sector with the EU country, Premier Li Keqiang told the visiting French Prime Minister Edouard Philippe on Monday.
China is walking toward the center of the world arena with a more confident and open manner, which is different from the traditional big powers, Wang said, adding that China has not only maintained a favorable external environment for its own development, but also continued making contribution to world peace and development as well as mankind's prosperity and advancement.
China stressed on Monday the door for dialogue and consultation regarding trade disputes with the United States has always been open, and international trade today needs rules rather than supremacy by any one nation.