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China and the European Union should make concerted efforts to safeguard multilateralism, the rules-based free trade system and an open world economy, President Xi Jinping said on Monday.

China Telecommunications Corp is making a major advance in its globalization strategy, with a consortium involving the company becoming the third major mobile operator in the Philippines.

China Three Gorges Corp started work on several offshore wind farms last year.

China and Sri Lanka enjoy a strong, long-standing friendship, which has laid the foundation for practical cooperation, said Rajapaksa, who assumed office on Nov 21.

China Huaneng Group said it was considering cutting 9.14 million tons of coal production capacity by the end of 2018 while dealing with 16 of the group's "zombie companies".