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Chinese bike-sharing company ofo Inc said on Thursday it has raised more than 0 million in a fresh round of financing to expand globally, as its faces rising competition from domestic rivals, chiefly Mobike Technology Co Ltd.

Chinese Vice-Premier Liu He, a special envoy of President Xi, talks to the media on Saturday after conducting "constructive consultations" with the US team in Washington on Thursday and Friday. [Photo by Zhao Huanxin / China Daily]

Chinese communities in the US will be the first targeted group, he said, adding that he has faith in the eventual popularity of Guilin rice noodles with others across the country.

Chinese Vice-Premier Liu He will attend the conference as a guest of honor. A high-level Chinese delegation of more than 60 people will attend the summit. They are mainly from companies in sectors including petrochemical industry, automobile, electricity, transportation and environment protection.

Chinese entrepreneur Sun Yuchen canceled Thursday's lunch meeting with US business magnate Warren Buffett due to a sudden kidney stone attack, Sun announced via his Sina Weibo account early Tuesday morning.