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As China officially kicked off the 5G era with the issuing of four 5G licenses on June 6, all the state-of-the-art applications are getting closer to the public than ever and telecom carriers are working to build a sound network infrastructure to accelerate its commercialization.

As China aims to build a group of world-class, role-model SOEs that lead in high quality development, this move will boost the government's ability to further shift its role from managing SOEs to managing their assets and serving the real economy, said Li Jin, chief researcher at the China Enterprise Research Institute in Beijing.

As China slashes value-added tax rate from 16 percent to 13 percent starting April 1, the company plans to reinvest 100 percent of the gains in China to push for the development of business in the market, Agon said in an interview with Xinhua in Shanghai.

As ASEAN countries are pushing for urbanization and industrialization, they have an urgent need for funding as well as technology, which turns out to be China's advantage, Xu said.

As China's largest air hub, Beijing Capital International Airport handled around 67,000 flights transporting 10.98 million passengers during the 40-day period.