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China Railway has been actively engaging in securitization and optimization of its assets. Last April, the company signed a strategic cooperation agreement with the Shanghai Stock Exchange for railway construction bonds, railway capital securitization and plans for its subsidiaries to go public. Earlier this month, China Railway Special Cargo Services Co Ltd, another subsidiary of China Railway, completed its share transfer, another significant push in its mixed ownership reform.

China Eastern operates 94 aircraft equipped with in-flight Wi-Fi. With Juneyao Airlines, the two carriers will now provide travelers Wi-Fi in more than 100 jets.

China and the Republic of Congo should also step up coordination on major global issues and make the global governance system and international order more equitable and reasonable, Xi said.

China Telecom chairman Yang Jie said they will also remove long-distance call charges and lower dedicated internet access charges which is expected to benefit 12.3 million small and medium enterprises.

China International Capital Corporation predicted M2, a broad measure of money supply, is expected to grow by only about 9.6 percent in June year-on-year, the same as May. That level is significantly lower than those seen in recent years, which often reached 13 percent, arousing concerns from the financial markets.