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China will take a string of key measures, such as speeding up the express delivery infrastructure and offering smart delivery services, to tackle last-mile delivery in the country, according to the country's postal service regulator.

China's big three telecom carriers are forecast to spend 900 billion to 1.5 trillion yuan (4 billion to 3 billion) in total on 5G network construction from 2020 to 2025, according to a report from the China Academy of Information and Communications Technology. In comparison, Chinese telecom operators spent 720 billion yuan on 4G network construction from 2014 to 2018.

China will provide proposals for World Trade Organization reforms and enhance communication with member countries and regions to deal with trade issues. That will strengthen the WTO and jointly maintain free trade and the multilateral trade system, he said.a

China will maintain medium to high economic growth in the future. For, in the process of economic transformation, the central line of China's potential economic growth rate may continue to drop, due to the continuous increase of the proportion of the services sector.

China's biggest dairy producer Yili Industrial Group Co has shown its ambition to consolidate its position and expand its production line with its latest overseas acquisition plans.