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China Investment Corp has partnered with two French financial institutions to launch an investment fund, as part of the sovereign wealth fund's efforts to facilitate closer international cooperation, a top CIC executive said on Friday.

China and Vietnam should strengthen exchanges on party and country governing ideas and practices, promote each party's governing ability, adhere to the sense of community of common destiny, eye each other's development and achievements as its own opportunities so as to further broaden mutual cooperation and serve the common development of the two countries, he suggested.

China Mobile will launch 5G smartphones in the first half of next year as part of their plan for pre-commercial trials of 5G in 2019 and full commercialization of 5G in 2020. [Photo/IC]

China General Nuclear Power Corp, French energy group EDF's partner in Britain's Hinkley Point nuclear power project, said it is too early to jump to conclusions about any possible delays or cost overruns.

China Mobile, the country's largest telecom carrier, is set to release its first batch of 5G mobile phones in the first half of the year, said Jian Qin, vice-president of the company at a convention yesterday, wallstreetcn.com reported.