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China's Semiconductor Manufacturing International has asked for approval from the United States to continue supplying Huawei Technologies Co Ltd, said the company on Tuesday.

China will remain a hot spot for global investment in the long term despite souring global economic conditions, a senior commerce official said on Tuesday.

China will strengthen anti-monopoly law enforcement and tackle price collusion behaviors in key areas affecting people's livelihood and treat domestic and foreign companies on an equal footing, according to the nation's top pricing regulator.

China's central bank announced on Friday to cut the reserve requirement ratio of banks (ratio money lenders are required to keep aside as reserves) by 1 percentage point to inject cash into the economy to bolster growth.

China's FAI remained basically stable in the first five months of the year thanks to robust high-tech investment.