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The company has already started research into 6G by cooperating with premier universities in China.

The company also aims to further enhance its global oil and gas resource allocation capacity, in a bid to increase its international trade to 550 million tons by 2020, through further exploration of its overseas upstream business, lowering crude purchase costs, increasing exports of refined oil products and diversifying purchases of liquefied natural gas, it said.

The company has conducted reforms of traditional distribution channels. The first three quarters saw a reduction of 586 domestic distributors out of its total of 2,401.

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The commercialization of 5G will be beneficial to both consumers and enterprises. Because internet of things, which is based on 5G, is one of the several channel innovations in the process of digital transformation, Fu said.

The company has been operating in China for more than 20 years. It sees a big increase in the number of privately owned or traditional family businesses in the country. It is helping them, especially those planning to expand, to adapt to the changing environment.

The commission attributed the steady growth of premium income to better regulation and risk protection.

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The closely watched vegetable price index is published daily by the city of Shouguang, Shandong province, which is a major vegetable production base and a vegetable distribution and price-setting center.

The combined profits of China's SOEs rose 7.2 percent year-on-year to 1.82 trillion yuan (4.5 billion) for the first six months, the Ministry of Finance (MOF) said in an online statement.

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The common sales pitches are definitely a big no in their line of business. "Welcome back", "See you again", "Please spread the word about our products" are absolutely no-no.

The company has committed to lease 91,000 square feet of space in a new development in downtown Vancouver, B.C., with the ability to expand to as much as 156,000 square feet, according to the?report today by the TechVibes news site.?That translates into room for more than 1,000 workers, if the company ends up taking all of the space, the site reports.