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China United Network Communications Ltd shares rose 10 percent for a second consecutive day of limit-up trade.

China Petroleum and Chemical Corp, known as Sinopec and the world's largest refiner by volume, said its non-fuel business posted a net profit of 2 billion yuan (3 million) during the first six months of this year, up 7.4 percent on a yearly basis, despite the negative effect of the COVID-19 epidemic.

China and Britain should join hands to advance economic globalization, to increase trade liberalization and to enhance investment facilitation so as to build an innovative, invigorated, interconnected and inclusive global economy.

China and North Asia generated the largest share of the group's income in 2018, at 41 percent. The region is highly interconnected, with China's economy at its core.

China Telecom also said in a statement the 5G licensing will be a key step to build the country into a "cyber power". The company added the issuance is also conductive to gaining a competitive edge in the telecom sector, which will help drive technological innovation, embrace industrial upgrades as well as boost high-quality economic growth.