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China Railway Construction Corp, one of the country's two biggest rail construction contractors by sales revenue, will send the first group of medical teams with experience in fighting COVID-19 to Nigeria on Wednesday to help with the country's battle against the virus.

China First Heavy Industries Co, which supplies technical equipment, high-tech products and services for a number of industries, including steel, nonferrous metals, electrical power, energy and automobiles, suffered financial losses in 2016 but has seen a notable jump in net profits since 2018, after it steadily deepened its supply-side structural reform and adjusted its operating model.

China and Germany are committed to expanding two-way opening-up and deepening cooperation to bring bilateral financial relations "to a new high", according to a joint statement issued after a high-level dialogue on Friday.

China United Network Communications Group, the country's second-largest telecom carrier has also accelerated its efforts to develop 5G technology. It recently established the country's first pre-5G base station in Jilin province in partnership with Huawei Technologies Co.

China and India, both large economies developing at a fast pace, should enhance their cooperation and dialogue to promote their ties and better contribute to the global economy, scholars from both countries said at a weekend forum.