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China's benchmark Shanghai Composite Index edged down to 3,091.66 points Monday, from 3,135.92 points on January 3, the first trading day of the year. The ChiNext Index, China's board of growth enterprises, fell to 1,761.25 points from 1,963.26 points over the period.

China will soon issue commercial licenses for 5G, as the country has established an edge in the superfast wireless technology, both in domestic innovation and international cooperation, the Ministry of Industry and Information Technology said on Monday.

China's Geely Auto and Swedish brand Volvo Cars are considering combining their businesses into a strong global company, with listings in Hong Kong and Stockholm, the two companies said late Monday.

China's A-share market has seen sharp corrections this year, with the benchmark Shanghai Composite Index losing about 20 percent compared with the beginning of the year.

China will take an active part in the reform of the global governance system with a commitment to equity and justice. A Chinese adage has it that "a just world should be pursued for the common good". China maintains that global affairs should be run together by countries in the world, and that all people, irrespective of their nationality, social stratum, and walk of life, should be able to benefit from global governance. The global governance reform that China takes part in is not about overturning the current system and starting all over again. Instead, it is about improving the system so that it can better reflect the changing realities, increase the representation and say of developing countries, and bring greater democracy in international relations.