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China Telecom also said in a statement that the 5G licensing will be a key step to build the country into a cyber power. It is also conducive to gaining a competitive edge in the telecom sector, which will help drive technological innovation, embrace industrial upgrading as well as boost high-quality economic growth, the company said.
China Development Bank Chairman Hu Huaibang said the Belt and Road Initiative would continue to make African economies more competitive, narrowing development gaps between landlocked countries and coastal regions.
China and its partners' efforts to support free trade and the multilateral trading system will send a strong signal against unilateralism and protectionism, and have a positive effect on the global economy, said Ke Liangdong, vice-chairman of the Beijing-headquartered China Council for the Promotion of International Trade.
China Life Insurance Co, one of the country's biggest insurers, posted premium income growth in the first half of 2020. [Photo/Sipa]
China and Russia will each take half of the work, and send design staff for exchange visits on a non-scheduled basis, according to COMAC.
来源：资阳报