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China Mobile has become the world's largest IoT connection service provider, with IoT base stations reaching more than 1.62 million, Sha said, adding they will promote NB-IoT and eMTC technologies this year, as well as accelerate layout in IoT chipsets, modules and terminal devices.

China Zheshang Bank, a Hong Kong-listed national joint-stock commercial lender headquartered in Hangzhou, Zhejiang province, has used the blockchain technology during its exploration with supply chain finance.

China and Russia have maintained close strategic coordination on global and regional affairs, serving as a sort of ballast in safeguarding global and regional peace, security and stability, Xi added.

China Mobile, the country's largest telecom carrier, is set to release its first batch of 5G mobile phones in the first half of the year, said Jian Qin, vice-president of the company at a convention yesterday, wallstreetcn.com reported.

China aims to build clusters of world-class airports to better serve the clusters of world-class cities being planned, the head of the national civil aviation agency said on Thursday.