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China has taken steps to improve trade in services, including gradually opening up the finance, education, culture, and medical sectors.

China hosted the two-day Belt and Road Forum for International Cooperation on Sunday and Monday. Infrastructure connectivity is the foundation of international cooperation and development, President Xi Jinping said in an address at the forum on Monday, emphasizing the importance of promoting infrastructure connectivity.

China is likely to issue 5G licenses to telecom carriers and will apply 5G technology to terminal devices as early as the second half of 2019, according to the Ministry of Industry and Information Technology, Xinhua reported.

China is ready to enhance cooperation with Kazakhstan within the frameworks of the SCO and the Conference on Interaction and Confidence Building Measures in Asia to make greater contribution to regional security and development, Xi said.

China has suggested reducing control over fluctuations of the yuan's exchange rate, stepping up efforts to allow the yuan to float freely against other currencies, according to a report by a leading think tank on Saturday.