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Chinese companies are playing a bigger part in drafting 5G standards. Last year, China Mobile Communications Corp, the world's largest telecom carrier by mobile subscribers, outgunned foreign rivals to lead the global 5G System Architecture project, which will determine the "structure of 5G networks".
Chinese companies making overseas investments must focus more on risk prevention and asset safety as foreign nations are constantly changing scrutiny rules, said the former president of China's 1 billion sovereign wealth fund.

Chinese livestreaming sports platforms are gearing up efforts to win the media rights of major sports events around the world.
Chinese banks are in the process of transforming their development model from fast growth to quality growth. While the total assets of 41 listed banks increased by 6.85 percent year-on-year by the end of 2017, much slower than the 13.95 percent growth in the previous year, the net profit realized by these banks rose 5.1 percent year-on-year in 2017, faster than the 3.68 percent growth in 2016, according to the EY report.
Chinese regulators have begun to clamp down on internet financing and peer-to-peer lending after some of the scores of nascent online loan outfits that have sprung up in past years fell under suspicion of perpetuating Ponzi schemes. Chao, a former PricewaterhouseCoopers auditor, said he welcomed government intervention as it would help normalize a saturated market. In an encouraging sign, Sina Pay-which its users employ to pay for services onlineis already gaining traction, he said.
来源:资阳报