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China will step up sharing its experience with all parties on poverty reduction in East Asia to narrow development gaps between different regions, he said.

China will soon implement parts of the new consensus with the United States on agricultural products, energy and automobiles, the Ministry of Commerce said on Thursday.

China will stick to its path of innovation with Chinese characteristics and implement an innovation-driven strategy for development to fulfill the "Two Centenary Goals", Xi said. The goals are to finish building a moderately prosperous society in all respects by 2020 and to turn China into a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious and beautiful by the middle of the 21st century.

China's capital market opening-up is gathering speed as foreign capital will be allowed to wholly own mutual fund management companies starting April 1, a year ahead of schedule, the top securities regulator said on Friday.

China's 5G mobile phone shipments stood at 15.64 million units in May, accounting for 46.3 percent of total shipments in the market. During the same time, 16 new 5G models were released, half of the total new models in May.