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China and the United Kingdom are supporting the establishment of an investor alliance to further encourage financial flows into environmentally friendly energy and infrastructure projects within the area covered by the Belt and Road Initiative, China Daily has learned.

China Merchants China-Belarus Commerce & Logistics Corporation, a subsidiary of China Merchants Group, is the first resident company in the China-Belarus industrial park.

China Mobile Communications Corp, the world's largest mobile carrier with 913 million subscribers, is also moving in a similar direction to help solve rising telecom challenges. Its Zhejiang provincial branch, for instance, has developed a big data anti-fraud system, called Tiandun, or Sky Shield in English.

China Unicom's net profits surged more than 70 percent in the first half of 2017, mainly due to the transformation in business patterns, according to its mid-year report.

China Southern Power Grid vowed to reduce power fees by as much as 10.6 billion yuan (.51 billion) for general businesses and large industrial enterprises in the country, as part of the company's preferential measures for businesses that need support when resuming operations.