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Chinese Premier Li Keqiang holds talks with visiting German Chancellor Angela Merkel, at the Great Hall of the People, in Beijing, capital of China, May 24, 2018. [Photo/Xinhua]

China's top three oil giants－China National Petroleum Corp (CNPC), China Petrochemical Corp (Sinopec) and China National Offshore Oil Corp (CNOOC)－have reported sharp falls in net profit and revenue for the first quarter as the pandemic hurt fuel consumption following a collapse in oil prices.

Chinese President Xi Jinping (2nd R), also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, watches an exhibition on Hainan's progress over the past three decades at the Hainan Museum in Haikou, south China's Hainan Province, April 13, 2018. Xi made an inspection tour in Hainan from Wednesday to Friday. [Photo/Xinhua]

China's rising demand for non-polluting natural gas is expected to spur trade ties with the member states of the Shanghai Cooperation Organization, analysts said.

China's tech giant Huawei continued to lead the market with a 37.7-percent market share by shipping 2.6 million units in the period.