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China will continue to uphold its African policy and concept of sincerity, concrete results, affinity and good faith, uphold justice and pursue shared interests, promote the construction of a closer China-Africa community with a shared future, so as to realize win-win cooperation and common development.

China will never launch or involve itself in an arms race with any other country, especially the United States, said a senior strategist from the People's Liberation Army on Thursday.

China's 5G mobile phone shipments stood at 15.64 million units in May, accounting for 46.3 percent of total shipments in the market. During the same time, 16 new 5G models were released, half of the total new models in May.

China's artificial intelligence-focused startups received record financing of 19.3 billion yuan (.87 billion) in the first half of 2017, with the mid and late-stage deals dominating the period, a report said on Wednesday.

China will further ease outbound investment limits and allow more domestic institutional investors to purchase financial assets in the global market as part of its financial market reform and opening-up, according to an official announcement.