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China Petroleum and Chemical Corp, the country's biggest geothermal developer, vows to further develop geothermal energy nationwide, using lessons learnt from the geothermal heating area in Xiongxian county, part of the Xiongan New Area.

China and Russia are currently experiencing their best relationship in history and the Yamal project is a good example of the strategic relation between the two nations, said Nur Bekri, vice-chairman of the National Development and Reform Commission and director of the National Energy Administration, during the ceremony held in Rudong on Thursday.

China Unicom recently said in a press conference its 5G data packages will cost a minimum of 190 yuan (.3), Beijing Daily reported on Tuesday.

China added its treasuries holding by 10 billion US dollars in May, with the total holding up to 1.1022 trillion dollars.

China and Europe are aiming to work together to boost free trade and foster greater global economic integration, despite the current backdrop of increased trade protectionism, industry insiders say.