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China and Brazil began cooperating in space weather research in 2010. Wang said the two countries are geographically well suited to tackling the subject together because China is located at around 120 degrees east longitude and Brazil is at 60 degrees west, meaning the two regions can complement each other in collecting data.

China aims to break foreign dominance in the manufacture of core robot components in one to two years as the world's largest industrial robot market makes progress in producing reliable speed reducers, servomotors and control panels, one of the experts involved in drafting the Made in China 2025 strategy said.

China and Afghanistan should deepen cooperation under the Belt and Road framework and push forward projects to connect the two countries more, President Xi Jinping said on Thursday.

China announced in April that it would scrap share-holding limits for new energy vehicles for foreign investors in 2018. It also pledged to reduce tariffs for imported cars.

China CITIC Bank Corp is revising its policies to encourage client managers to offer loans to small businesses, by removing their concerns for being held responsible for default on loans, as long as they perform due diligence according to the rules of the bank.