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China Mobile, the country's largest telecom operator, will invest several hundreds of billion yuan into 5G-related industries through equity participation and mergers and acquisitions over the next five years, the company said on Friday.

China announced on May 30 it will allow frozen Malaysian durians to enter the domestic market. Before that, the majority of the 300,000 tons of durians China imports every year were from Thailand.

China and these countries have supported each other in international affairs and have made important contributions to regional peace, stability and prosperity, he said.

China aims to make breakthroughs in high value-added products like the next-generation numerical control machines, large passenger jets, sensors and industrial software, to improve its capability in key manufacturing technologies so as to compete with established global rivals, said senior officials on Friday.

China Vanke Co, a leading residential property developer, will switch gears and diversify into new areas to overcome flat growth that appears to have hit a ceiling after years of strong sales.