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China Mobile said 50,000 of its 5G base stations have already entered services so far, with 5G services available in 50 cities.

China Petrochemical Corp, the country's largest oil refiner, vows to further step up its involvement in the biofuel market by continuing its B5 biodiesel project in Shanghai while accelerating research on B10 biodiesel.

China Mobile's operating revenues for the first three quarters of 2018 dipped 0.3 percent year-on-year to 567.7 billion yuan (.8 billion), the company's first decline in nearly four years.

China announced on Friday that it has lowered the bar for foreign companies to invest in Beijing's service businesses, including banking, entertainment and air transportation, to ease market access restrictions on foreign direct investment from Dec 10 to May 5.

China announced a plan in 2016 to establish a national green finance mechanism, becoming the first country in the world to make such a move. It also helped push green finance to be included on the G20 agenda.