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China Mobile, the world's largest mobile carrier by subscribers, said on Wednesday it will establish a 5G fund to promote the development and maturity of fifth-generation mobile communication technology.

China and the Netherlands are both growing economically, increasing the connectivity of their regional infrastructure, improving people-to-people exchanges and boosting investment and trade on a multilateral cooperative platform, said Xu Hongcai, an economist with the China Center for International Economic Exchanges.

China Merchants Industry Holdings Co, the marine and offshore manufacturing arm of State-owned China Merchants Group, delivered the first polar cruise foray to its ship's owner in its production base in Haimen, eastern China's Jiangsu province on Friday, China Merchants Group announced on its website.?

China Merchants Bank Co Ltd, a joint-stock commercial lender whose total assets reached 7.19 trillion yuan, posted a decline in its NPL ratio by 12 basis points from the end of last year to 1.24 percent at the end of June.

China and Italy have enjoyed a traditional friendship, with the ancient Silk Road closely linking the two peoples, Xi said.