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Chinese are increasingly preferring road trips overseas as the preferred way to travel and soak in sights and cultures. The United States remains their top destination with Los Angeles, Las Vegas and San Francisco being particularly popular.

Chinese conglomerate Jingye, which is headquartered in Hebei province near Beijing, recently announced an investment of a staggering 1.2 billion pounds (.55 billion).

Chinese internet search giant Baidu Inc has launched an artificial intelligence-powered service to help candidates that took the national college entrance examination this year choose the universities that best suit them.

Chinese buyers can increasingly afford it, according to the report. Disposable household income per capita has grown by a compound annual rate of 8.2 percent over the past six years.

Chinese enterprises have invested .36 billion in non-financial sectors in 59 countries involved in the Belt and Road Initiative in 2017. Chinese enterprises signed 4.32 billion in contracts with 61 countries involved in the initiative, up 14.5 percent year-on-year and gaining revenue of .53 billion, up 12.6 percent year-on-year.