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China Broadcasting Network Co Ltd was established on Monday in Beijing, becoming the country's fourth telecom operator, with a registered capital of 101.2 billion yuan (.1 billion).

China Unicom and China Telecom have denied a reported plan for a merger with each other to speed up 5G development.

China aims to eliminate absolute poverty by 2020.

China Railway Eryuan Engineering Group Co Ltd, which is designing the line, said it will run from Chengdu, capital of Southwest China's Sichuan province, through Ya'an and Kangding, and enter Tibet via Qamdo. It will then go through Nyingchi and Shannan prefectures before arriving at Lhasa, capital of Tibet. The total construction length will be about 1,700 kilometers and it will cost 250 billion yuan (about .88 billion).

China and Russia are going to expand practical cooperation in the Arctic, including in oil and gas exploration and infrastructure construction, the Ministry of Commerce said Thursday.