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China International Import Expo participation signing ceremony is held in Shanghai on April 28, and the representatives participating the ceremony pose for a photo. [Photo/VCG]

China announced on Wednesday that the third plenary session of the 13th National People's Congress, the country's top legislature, will open on May 22. The session is set to unveil details of this year's stimulus package to help the economy cope with the impact of the virus.

China Telecom and China Unicom, two smaller players, have also announced plans to work together to build a nationwide 5G network as the country's second-and third-largest telecom operators join hands to reduce construction costs. As of December, the two companies have already shared 27,000 5G base stations, Wang said.

China National Nuclear Corp, a centrally administrated SOE, also announced that it started to load fuel last week at China's first nuclear plant with a domestically-developed reactor using Hualong One technology, a self-developed third-generation reactor design, bringing the unit one step closer to operation.

China CITIC Bank Corp Ltd also devoted a larger part of its credit resources to retail banking. During the first six months of this year, the Beijing-based national joint-stock commercial lender recorded incremental loans worth 213.17 billion yuan, of which 82 percent were personal loans. Retail banking accounted for 31 percent of its operating income during the period, up from 25 percent a year ago.