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"ChemChina has, from day one, respected Pirelli's traditions and its Italian roots while working to strengthen the company. I would also add both sides have been respectful of the traditions and priorities of our two countries, always with a focus on the business's success," he said.

"By investing in IDC infrastructure, we aim to ease the financial burden on Chinese IDC operators and help them focus on their main business, supporting the nation's IT industry," Maki said.

"China firmly opposes the US action and urges it to immediately stop such provocation," he said, adding that China will continue to take necessary measures to safeguard its sovereignty and security.

"China Mobile will launch 5G smartphones in the first half of 2019, as part of the push for 5G precommercial trials in 2019 and commercialization by 2020," said Li Huidi, vice-president of the major telecommunication carrier.

"Capital market development has become more important than ever," Li said, adding that the registration-based new share sale reform lies in at the core of capital market reforms, as it will give full play to market forces in supporting innovation.