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China's smart speakers market is set to witness steady growth this year as artificial intelligence-powered smart home devices are gaining more traction among tech-savvy consumers, thanks to the rapid growth of voice recognition and speech interaction technologies.

China's securities regulator has approved new IPO applications from two companies, which will raise about 2.7 billion yuan (9 million) in the A-share market. [Photo/VCG]

Chinese President Xi Jinping and his U.S. counterpart Donald Trump held a telephone conversation on Monday, exchanging views on bilateral ties, the upcoming G20 summit and the Korean Peninsula issue.

China, a responsible major country, has been "proactive and generous" in supporting the global anti-pandemic effort by donating funds, sharing knowledge and experience on epidemic control, and developing vaccines together with other countries, he said.

China's policy makers emphasized the hardline stance on financial risk control at a tone-setting meeting last month. The regulation on online lending and other tech-enabled finance is expected to be a significant part of the new approach.