China aims to cut the cost of internet services by another 20 percent this year, which will involve a total of about 180 billion yuan ($26.8 billion), Premier Li Keqiang said at a news conference on Friday.

China has been working to increase the speed and reduce costs of internet services, which will be good not only for consumers but also for industrial upgrading, Li said.

It should be made possible for cellphone users to switch their telecom carriers without changing their phone numbers, Li noted.

Li added that at the same time, consumers should be kept full informed of their service packages.