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China will improve the national innovation system and speed up efforts to build the country into a scientific and technological powerhouse.

China will work harder to ensure financing costs faced by micro and small enterprises are further reduced, with a target of making outstanding loans to these firms approved by the five large State-owned commercial banks increase by over 30 percent this year, a State Council executive meeting chaired by Premier Li Keqiang decided on Wednesday.

China's Spring Airlines selected Honeywell's suite of advanced cockpit technologies and industry-leading auxiliary power units for its future fleet of Airbus A320neo aircraft, which will save Spring Airlines money while enabling safer and more efficient flight operations.

China will open its vast domestic market wider to global investors for win-win cooperation under its new development pattern, a top official said on Wednesday.

China's 5G mobile phone shipments from January to September reached about 108 million, Wen said.