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China will continue helping Myanmar achieve peace, President Xi Jinping told Myanmar's State Counselor Aung San Suu Kyi on Tuesday as the neighboring nation's peace efforts are gaining momentum.

China supports the self-reliant and sustainable development of Africa, and is ready to work with African countries including Senegal to maintain and develop the FOCAC mechanism, Xi said, eyeing greater contribution to the comprehensive strategic and cooperative partnership between China and Africa.

China provided the first shipment of materials and equipment on Wednesday as urgent assistance to the Philippines, Wang said.

China vowed to maintain control over the floodgates of monetary supply and keep liquidity at a reasonable and ample level, according to a statement issued after a meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee in July.

China was home to about 4.40 million legal entities in 1996, and the number surged to about 22 million in 2017, expanding about 8 percent each year on average.