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China also suspended its retaliatory tariffs and reportedly agreed to buy billion to billion worth of agricultural purchases, including 30 million metric tons of soybeans and an undisclosed amount of pork.

China Molybdenum Co Ltd, a major non-ferrous metals producer, added 6.6 percent. Despite the rise, its shares are down 7.8 percent this month after gaining nearly 43 percent in July.

China aims to sign cooperation documents on the Belt and Road development with all African countries and will steadily push cooperation to achieve tangible results and benefit African people, according to Xia.

China Railway Rolling Stock Corporation (CRRC) Sifang America won the contract last year to build hundreds of next generation rail cars for the CTA. But certain parts for the rail cars, which are expected to be delivered starting at the end of 2019, will be made in China.

China Charity Fair this year will attempt to divert social resources from East China to impoverished regions, in an effort to help the nationwide poverty-reduction campaign, according to its organizers on Monday.