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China will set up more cross-border e-commerce pilot zones to facilitate trade and boost China's global competitiveness.

China will make further plans for increased fiscal funds to directly benefit businesses and the people in a bid to enhance the foundation for economic recovery and growth, and ensure the full delivery of financial policies to support the real economy, the State Council's executive meeting chaired by Premier Li Keqiang decided on Monday.

China's Huawei Technologies, for example, will display 5G empowerment in sectors such as port and mine management, iron and steel production and power generation, said Yang Jun, deputy director of the provincial science and technology department.

China's M2 growth has accelerated since the central bank eased monetary policy to mitigate COVID-19 shocks and maintained double-digit growth since March, up from the 8.7-percent rise seen in December 2019, according to official data.

China will formulate guidelines for building and protecting the Great Wall, the Beijing-Hangzhou Grand Canal and the Long March culture parks, said the plan, urging efforts to strengthen the management of and policy support for the construction of the parks.