Briefly

China Telecom net profit up 1.6% last year

China Telecom, one of China's three largest telecom operators, reported growth in both profit and operating revenue last year. The company's net profit totaled 20.85 billion yuan ($3.2 billion), up 1.6 percent on a yearly basis, the company said in a statement. Operating revenue rose 4.7 percent from a year ago to 393.6 billion yuan. By the end of 2020, the company's mobile subscribers totaled 351 million.

Regulations to enforce solid waste ban

China will roll out new measures to prevent waste from being imported as recycled raw materials to ensure high-quality and sustainable growth, a Customs official said on Monday. Lin Jiantian, director-general at the department of commodity inspection at the General Administration of Customs, said the administration will actively promote the implementation of pre-shipment inspections of renewable resources in related countries and strictly check imported bulk mineral products to curb the import of waste slag. China banned all imports of solid waste starting Jan 1. The dumping, stacking and disposal of overseas waste products on Chinese territory has also been banned.

Xinhua - China Daily