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China struck deals for the meat despite import tariffs of 62 percent imposed by China on US pork as a consequence of the trade dispute between the two countries. The duties had slashed China's imports of US pork from companies such as Smithfield Foods, the world's largest pork company and owned by China-based WH Group Ltd.

China is well prepared and will fight back immediately once the United States takes action based on its trade investigation into the country, the Ministry of Commerce warned on Friday as the world's two largest economies stood on the brink of a trade war.

China plans to start commercial use of 5G nationwide on October 1, making it the third country after South Korea and the United States to roll out service on the next-generation technology, a manager from Chinese telecommunications company ZTE revealed on Thursday.

China will also carry out phased evaluations of the business environment across the country and offer further incentives for better performers. The 28 steps to improve the business environment that have worked well in some regions will be disseminated to encourage competition in the quality of business environment across the country.

China spent 801 billion yuan on railway projects and put 3,038 km of new tracks into operation in 2017, exceeding its annual targets of 800 billion yuan of investment and 2,100 km of new lines, according to the China Railway Corporation.