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China accounts for 20 to 25 percent of ERG's total sales, and has been a very important and strategic sales destination for ferrochrome and other ferroalloys, cobalt, copper, alumina and iron ore products, said the company.

China International Capital Corporation expected that about 150 firms will be listed on the new board this year, raising 50 billion yuan (.27 billion) to 100 billion yuan.

China Mobile has planned to expand its 5G coverage to other key areas of the city, including the city's financial district, CBD, and the city's sub-center in Tongzhou district.

China Gateway, as the program is called, will offer cloud services, flexible work spaces and access to the local community and business ecosystem for international firms, the two companies said.

China Telecom senior vice president Liu Guiqing said the carrier would be looking to launch field trials in many Chinese major cities during 2018.