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China set up the Belt and Road Initiative to exert influence and make new alliances with countries initially in Asia. But now the initiative is open to all the countries of the world — a world of closer cooperation with China.
China may accelerate renminbi reform and capital-account liberalization from 2021 onward, after discussion of the 14th Five-Year Plan (2021-25) in October, said Stephen Chiu, a foreign exchange and rates strategist at Bloomberg Intelligence.

China welcomes the United States' willingness to develop a stable military-to-military relationship, but will remain steadfast in safeguarding national sovereignty and security, a senior Chinese military official said on Saturday in Singapore.
China officially kicked off commercialization of 5G services on Oct 31, with the nation's big three telecom operators rolling out their 5G data plans. In June, the country granted licenses to telecom carriers for commercial 5G service.
China will continue pursuing development at home and, at the same time, embrace the world with open arms and join hands with global partners to build an open world economy, so as to make a greater contribution to the common prosperity of all countries.
来源:资阳报