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China will push forward development of an ultra HD video (4K/8K) industry by building more ultra video industrial innovation and application centers and strengthening cooperation between Chinese ultra HD video-related companies and their overseas counterparts, a senior official said.

China will significantly boost the share of direct financing in its financial system, especially equity financing, the sources said.

China will look to Brazil and to a lesser extent Argentina, in addition to increased domestic production, to replace American soybeans, said Wendong Zhang, a professor at Iowa State University. He said that China would end up paying more for soybeans from Brazil.

China's Foreign Ministry said the THAAD deployment went against efforts made by all parties to settle the issues through discussion and severely sabotaged China's security and strategic interests.

China's bans on ICOs and cryptocurrency exchanges are part of a broader campaign to curb the country's financial risks as the country faces a build-up of debt, and booming new financial products challenge regulations.