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Chinese companies are also teaming up to develop smart cars. A total of 21 Chinese companies are planning a 1 billion yuan (4 million) joint venture that will specialize in research and development of such cars. Among investors are FAW Group Corp, Dongfeng Motor Corp, China Mobile, China Unicom and ride-sharing giant Didi Chuxing's parent company, Beijing Xiaoju Technology, according to Shanghai Baolong Automotive Corp, also a potential investor, in its filing with the Shanghai Stock Exchange in late December.

Chinese aviation data and solution provider AirSavvi said that although the ARJ21 accounted for just 1 percent of the global regional flights between April 1 and April 20, the aircraft maintained stable flights vis-a-vis other comparable aircraft, which experienced a slump of 60 percent to 80 percent.

Chinese and US police have jointly smashed an international criminal network that made and sold fake luxury brands such as Louis Vuitton, Gucci, Rolex and Cartier, the Ministry of Public Security announced on Wednesday.

Chinese people's spending on household products is on the rise, especially showing huge potential in fourth- and fifth-tier cities, said Shen Jianguang, vice-president and chief economist at JD Digits.

Chinese foreign direct investment into the United Kingdom more than doubled in one year – from .2 billion in 2016 to .8 billion in 2017 – despite uncertainty surrounding Britain's pending exit from the European Union.