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China Poly's operating revenue exceeded 300 billion yuan (.58 billion) in 2018, while its total profit amounted to 40 billion yuan. The group's total assets exceeded 1 trillion yuan by the end of last year, ranking 312th among the Fortune 500.

China and Russia should seize the opportunities in areas such as tourism, agriculture, hi-tech, information technology and e-commerce

China Vanke Co, a leading residential property developer, launched Beijing's first batch of rental housing in the capital's northern outskirts in April. The two types of apartments, sized 90 square meters and 180 sq m respectively, commanded monthly rents of up to 18,000 yuan (,648) and 40,000 yuan respectively, far higher than 6,000 yuan for a 90-sq-m flat nearby. The longest tenure of a lease contract for this kind of home can be 10 years. So, renting a 90-sq-m flat for 10 years could set one back by 1.8 million yuan.

China Electronics Technology Group Co, a State-owned enterprise in electronic information, and a smart lab project conducted by Tsinghua University have set up branches in Xiongan, Xu said.

China also was the largest contributor to global 5G smartphone sales, and 72 percent of the global 5G handset revenue came from China, according to a recent research report from Counterpoint Research.