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China is willing to work with Russia to further improve the cooperation committee mechanism and explore the "Northeast and Far East" cooperation mode, to inject new momentum into the comprehensive strategic partnership of coordination between China and Russia in a new era.

China issued a policy paper on the European Union on Tuesday in which it pledges to work with the bloc to promote and practice multilateralism.

China started the commercialization of 5G services on Oct 31 and 10 days later, the capital has accumulated more than 40,000 5G subscribers.

China should promote the marketization of the exchange rate formation mechanism, allowing the market to play a decisive role, said Zhou Jingtong, a senior researcher with the international finance institute of the Bank of China.

China released a guideline to expedite reforms of the country's socialist market economy system on Monday as a major step in its pursuit of high-quality development.