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China takes an open attitude towards the participation of telecommunications companies in all countries, including European companies such as Nokia and Ericsson, regarding 5G cooperation in the Chinese market, Foreign Ministry spokesman Wang Wenbin said on Tuesday, adding that the above-mentioned companies have already won bids on some Chinese projects.

China surpassed the Republic of Korea to become the world's second-largest importer of LNG in 2017, according to IHS Markit, a global marketing information company.

China will also ease entry into such fields as insurance, banking, securities, fund management and futures and financial asset management, and will further simplify procedures for doing business for foreign businesses, the premier added. The foreign investment approval system will give way to negative list management, he said.

China unveiled favorable policies in 2016, which stated its plan to triple annual production of industrial robots to 100,000 in five years and to sell more than 30 billion yuan's worth of service robots by 2020.

China so far has established 75 overseas economic and trade cooperation zones in 35 countries and regions. These also helped create up to 950,000 jobs by the end of last year. These zones have paid more than 0 billion in taxes to governments in host countries over the past four years, according to data released by the Ministry of Commerce.