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China and Portugal enjoy a friendly and traditional relationship with a long history of people-to-people exchanges. Since the establishment of diplomatic relations between the two countries in 1979, our friendly cooperation in such fields as politics, economy, trade, culture, science and technology, and the military has continued to develop. In 2005, China and Portugal announced the establishment of a comprehensive strategic partnership, setting up a solid foundation for the historic transformation of bilateral ties in broader fields, in a more profound way and at a higher level. At present, China-Portugal relations are at an all-time high, and are both mature and stable, and full of vitality.

China aims to cut the cost of internet services by another 20 percent this year, which will involve a total of about 180 billion yuan (.8 billion), Premier Li Keqiang said at a news conference on Friday.

China and the United States pledged in their phase 1 trade agreement on Jan 15 to accelerate two-way opening of the financial service sector and expand market access for each other's companies.

China National Petroleum Corp, the nation's largest oil producer, which built 23 of China's 25 gas storage facilities, started injecting gas into an underground storage facility in Southwest China's Chongqing in April, marking the beginning of the stockpiling season for the heating fuel over the next six months.

China Unicom is conducting 5G trials in 16 cities and plans to conduct business application demonstrations and pre-commercial operations in 2019, before commercial launch of the superfast technology in 2020.