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China and Italy are major countries responsible for world peace and development, so both countries should vigorously promote the process of multilateralism and trade liberalization, and maintain the safe operation of the global industrial chain and supply chain, said Wang.

China Mobile Shanghai selected Huawei's 5G Digital Indoor System, which is currently the industry's only commercially-available solution for 5G indoor coverage. This product was developed in Shanghai, and is now ready for mass delivery. Huawei's 5G system is undoubtedly the best choice for 5G commercial deployment of operators, Huawei added in a statement.

China and South Korea are willing to deepen cooperation in third-party markets, services and emerging sectors, as the two sides look to cultivate new growth drivers in bilateral cooperation, said officials from the two countries.

China Construction Bank Corp (CCB) also adopted stringent risk management and strived to optimize credit asset structure last year. As at the end of 2018, its NPL ratio stood at 1.46 percent, a decrease of 3 basis points from 2017.

China also resolutely opposes official exchanges and military links between Taiwan and the United States in any form, Ma said.