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China Zhongwang, the world's second-largest aluminum extruder, said the acquisition is meant to advance the Chinese aluminum maker's deep-processing strategy to the marine sector, while boosting its international expansion.

China International Capital Corporation said in a report that the CPI could remain muted in the near term, as agricultural supply-side reform might continue to depress food prices and the headline CPI until the fourth quarter, reducing the possibility of aggressive monetary tightening.

China and Europe have their own advantages in developing digital economies and share common concerns, Wang said, adding that they should insist on opening their markets to each other and promote the formulation of global digital standards and rules.

China Mobile Communications Corp, the world's largest telecom carrier by subscribers, said it aims to deploy more than 10,000 5G base stations by 2020, in a move to launch a commercial 5G service.

China and Niger should enhance Belt and Road cooperation and implement major projects in areas such as infrastructure, energy and agriculture, President Xi Jinping said on Tuesday. Xi made the remark while meeting with Niger's President Mahamadou Issoufou at the Great Hall of the People in Beijing. Issoufou is paying a state visit to China from Sunday to Thursday.