In the first half of next year, China Mobile will also launch 5G smartphones, said Li Huidi, vice-president of the major telecommunication carrier.
In the first two months of 2018, the company's sales volume surged by 50 percent to 110 million yuan, compared with last year.
In the first 11 months, railway freight totaled 3.68 billion tons, up 8.7 percent year-on-year.
In the first quarter of the year, banking and insurance institutions received 646 penalties for violations including defective corporate governance and breaches of macro-regulation policies, according to data from the China Banking and Insurance Regulatory Commission. They were handed fines and confiscation orders worth about 1.2 billion yuan (about 7 million).
In the first half of the year, 7.52 million new jobs were created, 170,000 more than in the same period last year, according to the Ministry of Human Resources and Social Security. The registered unemployment rate in urban areas was 3.83 percent, down by 0.12 percentage points year-on-year.
In the COVID-19 crisis, "the medical profession has done its job by providing the facts. But the government, the church and the media have encouraged broad skepticism about essential health measures," the report added.
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In the fifth place, Germany had a trade volume of 171.8 billion AED with the UAE during the same period. The Germany-UAE trade reached a new high of 59.1 billion AED in 2016.
In the end, said Ho, projects might be delayed but will ultimately continue and he is confident that business appetite will rebound: "In the long run, a few months' delay is not going to stop an initiative like the Belt and Road."
In the first half of this year, China's aviation industry handled 320 million passenger trips, an 8.5-percent year-on-year increase. The industry's total transport turnover reached more than 62.7 billion ton-km, up 7.4 percent year on year.
In the five years since the 18th CPC National Congress, extraordinary developments have occurred in implementing the new concept of development, deepening reforms, enhancing the rule of law, advancing the building of an ecological civilization, pushing forward the modernization of national defense and the military and carrying forward major country diplomacy.