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Beijing will spend more than 30 billion yuan (.4 billion) on building a 5G network in the city by 2022, according to a 5G development plan released in January.

Beijing Orion Star Technology Co, a service robot company backed by Cheetah Mobile, has inked an agreement with a healthcare service brand of Tongrentang to inject new vitality into the coffee sector.

Beijing hopes the meeting between Washington and Pyongyang will result in substantive steps toward denuclearization and the establishment of a peace mechanism on the Korean Peninsula, State Councilor and Foreign Minister Wang Yi said on Tuesday.

Beijing is expected to set up more than 400 elevators in old neighborhoods this year, with plans for 1,000 more by 2020.

BeiGene Ltd, a Chinese biopharmaceutical company focusing on cancer therapeutics, is basking in the glory of receiving the approval of the United States Food and Drug Administration in November for its independently developed new cancer therapy. It is the first-ever Chinese drug company to have received such an approval.