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China will take necessary measures to ensure Chinese aluminum companies' legal rights, the Ministry of Commerce said on Wednesday after the United States government launched its first self-initiated, anti-dumping and countervailing duty cases in 25 years.

China's banking industry is pressing ahead with transforming and upgrading of the wealth management sector to comply with new asset management rules.

China will launch a new trading platform in Shanghai for high-tech and innovative companies and experiment with a registration-based system for initial public offerings (IPOs), as part of the ongoing efforts to further reform and open up the nation's financial market.

China will implement 50 agricultural assistance programs, provide 1 billion yuan (4 million) of emergency humanitarian food assistance to African countries affected by natural disasters, send 500 senior agriculture experts to Africa and train entrepreneurs in agribusiness.

China's 5G smartphone shipments are estimated to reach 140 million units in 2020, according to estimates from market research company Counterpoint Research.