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China Telecom said it would establish a gigabit optical network in the new area, fully covering e-Surfing 4G and Narrow Band Internet of Things, or NB-IoT. The company also plans to build a 5G trial network in advance, as well as cloud–network integration layout.

China United Network Communications Group Co Ltd, the country's second-largest telecom carrier by subscribers, has teamed up with Alibaba Group Holding Ltd to sell its assets on the latter's online auction platform.

China Merchants Bank Co Ltd, a Shenzhen-based commercial lender with a strong foothold in retail banking, applied facial recognition technology to help identify fraud during application process for an online personal loan product, with a fast, simple and automatic procedure of approval.

China Eastern Airlines on Tuesday launched the world's first battery-less electronic luggage tag.

China accounted for four of the top five global 5G mobile phone shipments—the combined market share of these four brands exceeded 60 percent in the first quarter of this year, according to a report by a US market research institute.