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China Telecommunications Corp unveiled a white paper on Thursday to detail its demands for artificial-intelligence-enabled smartphones, as the nation's third-largest telecom carrier by subscribers aims to establish a beachhead in the AI era.

China Securities Journal reported the above provinces and autonomous regions have all applied to build pilot free trade zones. Shandong put forth a proposal in 2016, including the plan in this year's provincial government work report. Jiangsu submitted its first application to build a pilot FTZ in September 2013. Hebei proposed to build the China Hebei Pilot Free Trade Zone during its construction of Xiongan New Area in April 2018.

China Minsheng Bank Corp Ltd, a Beijing-headquartered national joint-stock commercial lender, launched a tech subsidiary called Minsheng Fintech Corp Ltd on Tuesday. The move follows in the footsteps of five other listed commercial banks, such as China Construction Bank Corp, China Merchants Bank Co Ltd and Industrial Bank Co Ltd.

China and Japan can use the role of economic and trade cooperation as a "propeller" in bilateral ties, said Li, calling on the two sides to strengthen cooperation in innovation and high technology, and explore cooperation in a third market.

China and Russia will open new areas of cooperation and unlock new potential, expanding investment and market access to create business opportunities, he said.