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The Cameroon-China relationship, built on the basis of mutual respect, has stood the test of time, he said.

The ChiNext's first batch of registration-based IPOs may debut by the end of July, after the Shenzhen bourse starts to review listing applications under the new system from next month, according to Wang.

The Chinese companies blacklisted by the US government are, in fact, very worthy of investment.

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The Chinese economy may face a harsher situation this year and growth may edge down, said a research note by Ruida Futures. "But as the effect of the country's countercyclical supportive policies gradually becomes apparent, the situation may improve in the second half of this year."

The Caixin/Markit Manufacturing PMI showed both domestic and external demand improved, said Zhong Zhengsheng, director of macroeconomic analysis at CEBM Group, a subsidiary of Caixin.

The Chinese government has made economic deleveraging a top policy priority. Cutting the debt ratio of State-owned enterprises, accelerating the disposal of the zombie companies, and stabilizing the rise of economic leverage have been the short-term targets. This long-term goal is to improve corporate efficiency through market-oriented reforms.

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The Caixin indexes, which cover the country's emerging small businesses, were in line with the official service PMI released by the National Bureau of Statistics (NBS) that tracks large and medium-sized businesses.

The China Automobile Dealers Association is calling for carmakers to help with the residual value of second-hand new energy vehicles, which is much lower than that of gasoline cars.

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The Chinese Embassy in the United States, in response to the tariff announcement, said "It is a typical unilateral trade protectionist action. China is strongly disappointed and firmly opposes such an action."

The CSRF, a venture that aims to establish a sub-fund to support State-owned enterprises' reorganization, is China's biggest investment fund raised from SOEs.