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China's benchmark CSI 300 index has seen about a 27 percent increase this year, in dollar terms, beating the S&P 500 by more than 13 percentage points. Shenzhen's tech-focused ChiNext has risen some 59 percent, on the same basis, exceeding the US tech benchmark, the Nasdaq Composite.

China will work to refine the legal support system of the Belt and Road to enable better settlement of disputes and foster a business environment governed by the rule of law, State Councilor and Foreign Minister Wang Yi said on Monday.

China will promote industrialization in Africa with such concrete measures as encouraging Chinese companies to expand their investment in Africa, supporting Africa's efforts to largely achieve food security by 2030, and launching 50 agricultural assistance projects, Xi said.

China will not suffer a food crisis despite the ongoing global COVID-19 pandemic due to a sufficient domestic supply, the minister of agriculture and rural affairs said on Friday.

China's auto dealers are under mounting pressure because of too much inventory, which reached this year's peak last month and is unlikely to turn better in December, compounding the foreboding of hard times ahead in the world's largest car market.