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Chinese luxury spending is expected to double to 1.2 trillion yuan (9.7 billion) by 2025, delivering 65 percent of growth in the market globally, a McKinsey report said.

Chinese core market is in the driver's seat to build on company's success of last few years and power group to new records in current year

Chinese demand for aluminum is more than half of global demand at an estimated 60 million metric tons this year, according to the London-based the International Aluminum Institute.

Chinese ambassador Huang Ping said the airport upgrading will include expansion of the international terminal building and aprons, installation of four new air bridges, a secondary radar system, the airfield ground lighting system, the communication systems and construction of a VVIP pavilion and new satellite fire station.

Chinese companies are also victims of IPR infringements.