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                                                                    Exhibit 4.30

                              [English Translation]

          CO-OPERATION FRAMEWORK AGREEMENT IN RESPECT OF INDIRECT LOAN

This Agreement was entered into on 10 May 2002 in Beijing, the People's Republic
of China (hereinafter "the PRC") by and between:

(1)      China Mobile Communications Corporation (hereinafter "PARTY A"), a
         state-owned company incorporated and in good standing under the laws of
         the PRC, having its legal address at #53 Xi Bianmen Nei Da Jie Street,
         Xuan Wu District, Beijing, the PRC; and

(2)      China Mobile (Hong Kong) Limited (hereinafter "Party B"), a limited
         liability company incorporated and in good standing under the laws of
         the Hong Kong SAR, having its legal address at 60th Floor, The Center,
         99 Queen's Road Central, Hong Kong.

WHEREAS:

         1.       Party A is the indirect controlling shareholder of Party B,
                  which carries out mobile communication and other authorized
                  telecommunication operations in the provinces of Mainland
                  China through a number of its wholly-owned subsidiaries
                  incorporated in Mainland China (hereinafter the "OPERATING
                  SUBSIDIARIES");

         2.       In view to improving the total capital utilization of Party A
                  and facilitating the operational development of the Operating
                  Subsidiaries, Party A as the ENTRUSTING PARTY agrees to
                  provide this RMB loan by mandate to the Operating Subsidiaries
                  through an ENTRUSTED BANK (s) in the Mainland and Party B
                  agrees to the arrangements as provided for herein.

This Agreement was reached by and between Party A and Party B on basis of mutual
and equitable benefit pursuant to the following terms and conditions:

CLAUSE 1          PROSPECTIVE BORROWER(S) AND LOAN GRANT

1.1      The loan by mandate referred to herein is provided by Party A, to be
         granted by a commercial bank (s) (hereinafter called "ENTRUSTED
         BANK(s)") as the creditor(s) in the Mainland by mandate of Party A, to
         such prospective borrower (s), and for such purposes and term, and at
         such interest rate as determined by Party A herein. Advancements of
         funds and the monitoring of the use of funds and payments of the loan
         will be carried out by the Entrusted Bank (s) on behalf of Party A.

1.2      The borrower(s) shall be such Operating Subsidiaries as approved by
         Party B.

1.3      The Operating Subsidiaries may, subject to the consent of Party B,
         apply for borrowing facilities to Party A. In the case of acceptance of
         the application, Party A will notify the Entrusted Bank(s) as the
         creditor(s) to sign an

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         Agreement of Loan and Borrowing by Mandate with the Operating
         Subsidiaries, according to the principles and conditions provided for
         herein.

CLAUSE 2          INTEREST RATE AND CALCULATION

2.1      The interest rate shall be 35% lower than the prevailing lending
         interest rate required by the State authority. In the case of the
         lending interest rate adjustment required by the State authority, the
         applicable interest rate in the next year will be 35% lower than the
         adjusted loan interest rate. If the interest rate thus obtained on
         basis of the calculation as mentioned before (approximated to 0.001,
         e.g. X.XXX%, the forth digit after the decimal point is negligible) is
         not dividable by 3, the interest rate shall be adjusted by increment of
         0.001% until such it is dividable by 3.

2.2      Interest shall start to accrue from the day on which the grant of the
         loan is made as provided for in the Agreement of Loan and Borrowing by
         Mandate, to be paid quarterly by means of transfer payment.

CLAUSE 3          TERM AND PURPOSES

3.1      In no case the term of the loan shall be more than two years
         (inclusive), subject to particular provisions in the Agreement of Loan
         and Borrowing by Mandate.

3.2      The loan shall be used only by the Operating Subsidiaries for such
         purposes as payment of loan, fixed assets investment, and other payment
         as directly relevant to mobile communication and other permitted
         telecommunication operations of the Operating Subsidiaries.

CLAUSE 4          REPAYMENT

4.1      All the principals due under the Agreement of Loan and Borrowing by
         Mandate shall be paid.

4.2      In case of early repayment by the Operating Subsidiaries, subject to
         the consent of Party A, the interest shall be calculated based on the
         actual number of days and the amount borrowed by the Operating
         Subsidiaries.

4.3      In case of arrears in principals and/or interest due, Party A may
         require the Entrusted Bank(s) to charge a penalty, calculated at a rate
         of 0.21% per day on basis of overdue payment and duration.

4.4      The principal due shall be paid to the account with the Entrusted
         Bank(s) by the Operating Subsidiaries and the interest due shall be
         withheld by the Entrusted Bank(s).

CLAUSE 5          CONFIDENTIALITY

5.1      Except where the laws shall apply or the regulatory authorities may
         require

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         otherwise, neither party may provide or divulge to any other company,
         enterprise, organization or individual of any part or all of
         information herein or any information concerning operations of the
         other party, without prior written consent of the other party, which
         shall not be unreasonably withheld or delayed.

CLAUSE 6          APPLICABLE LAWS AND DISPUTE SETTLEMENT

6.1      This Agreement shall be governed by, and interpreted and executed
         according to the laws of the PRC. For the purpose of This Agreement,
         the PRC does not include Hong Kong SAR, Macao SAR, and Taiwan.

6.2      Any dispute arising from validity, interpretation or performance of
         This Agreement between both parties shall be settled through friendly
         conciliation. Should the conciliation fail within 30 days after the
         dispute, both parties agree to submit it to China International
         Economic and Trade Arbitration Commission for arbitration according to
         applicable arbitration rules of the commission. The arbitration award
         is final and binding on both parties. Except the matter under
         arbitration, all the remaining parts of This Agreement remain valid and
         effective during the arbitration.

CLAUSE 7          VALIDITY AND TEXT

7.1      This Agreement is valid only in the circumstances:

         (1)      Party B obtained waiver from The Stock Exchange of Hong Kong
                  Limited (hereinafter the "SEHK") on connected transactions or
                  a confirmation from the SEHK that the listing rules of the
                  SEHK on connected transactions do not apply to relevant
                  transactions; and

         (2)      Transactions, if applicable, are approved by independent
                  shareholder(s) of Party B, which has no interest therein
                  according to the Listing rules of the SEHK.

7.2      This Agreement is officially signed and sealed by the legal/authorized
         representatives of both parties respectively.

7.3      This Agreement is made in Chinese. The four counterparts of the same
         effect and force are equally held by both parties.

  China Mobile Communications Corporation
  Legal/authorized Representative (signed): /s/ DONG Xin
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  China Mobile (Hong Kong) Limited
  Legal/authorized Representative (signed): /s/ ZHU Min
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