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China and Russia plan to jointly develop the aero engine for the CR929, a widebody passenger aircraft that is being co-developed by the two countries, but this may require at least 10 years, said a Russian senior executive.

China Mobile, the nation's top telecom carrier, has pledged last week to implement a "Double Gigabyte" initiative, supporting superfast internet connection for both mobile and fixed broadband connections.

China and the European Union are planning further cooperation in the science and technology sector to sustain and nurture innovation.

China Railway Hi-Tech Industry Co Ltd, a subsidiary of State-owned China Railway Group Ltd, saw both sales revenue and the value of newly signed contracts surge in the first three quarters, thanks to growing demand from markets participating in the Belt and Road Initiative and its diversified business scope.

China also continues to lead the world in mobile payment adoption. Alibaba's Alipay still dominates the mobile payments sector, accounting for 54 percent of the market, while WeChat Pay holds 38 percent. The country's total mobile payment volume reached nearly trillion in 2017.