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China's biggest electric carmaker BYD launched an unmanned driving system for its monorail in Yinchuan, capital of the Ningxia Hui autonomous region, Jan 10, 2018.[Photo provided to chinadaily.com.cn]

China's benchmark CSI 300 Index is expected to rise around 12 percent in 2021, Morgan Stanley predicts. Goldman forecasts a 13 percent gain in the index, while UBS expects an increase of about 10 percent.

China will issue 5G certification at the end of this year at the earliest, said Wu Hequan, an academic with the Chinese Academy of Engineering at the Fifth World Internet Conference in Wuzhen on Nov 9.

China's No 2 to No 4 smartphone vendors have formed a rare partnership for data transfer among their handsets, a move seen by analysts as an alliance strategy to compete with the No 1 player Huawei Technologies Co which has just posted a record high market share in the domestic market.

China will further expand market access in the service and manufacturing sectors, relax restrictions on foreign ownership, and treat domestic and foreign companies on an equal basis, said Premier Li.