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China has started the third phase of 5G technology research and development tests, ahead of schedule, as the country accelerates steps to gain a lead in the race toward commercializing the next-generation communication technology.

China is in the midst of implementing a host of reforms, which are focused on opening up its economy to foreign competition and strengthening its private sector. They are needed to upgrade its industries and avoid the dreaded middle-income trap.

China has taken a series of measures to invigorate its SOEs this year including the mixed-ownership reform and the comprehensive reform of pilot areas in Shanghai, Shenzhen and Shenyang.

China is ROK's largest trading partner, with two-way trade volume in the first nine months of last year reaching 0.15 billion, according to the Ministry of Commerce.

China has taken a string of measures to enhance hog production and will work to return hog production capacity to normal levels by the end of 2020.