Lin Bin, president of Xiaomi introduces the Redmi Note 4 to the audience at the launch ceremony of the device in Beijing on August 25, 2016. [Photo provided to chinadaily.com.cn]

Xiaomi launched a new handset, the Redmi Note 4 Thursday morning with China Mobile to speed up sales in the remaining months of this year.

Lei Jun, founder and CEO of Xiaomi, said that this is the third such cooperation with the country's largest telecom carrier and that he hopes this partnership will keep up the good sales.