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Bai Xiangdong, a senior official with the Tianjin branch of the Beijing-Tianjin-Hebei Integrated Development Office, said several State-owned companies such as Sinomec Group, an energy service provider, have signed contracts to relocate regional headquarters to Tianjin. Some private companies such as Mobike and Didi Chuxing also have signed on to locate their business units in Tianjin's Binhai New Area.

Battery life: This is a big question given all of the sensors in the device, but Freed assured us that battery life will be “comparable to other premium smartphones,” lasting all day in many cases.

Based on the bright sales prospects, Li said Nio will rev up its production capacity to 7,500 vehicles a month from January.

Based on artificial intelligence and big data, the company offers analytics solutions to Chinese companies across various fields. Renowned companies such as China Telecom, China Mobile, China Post, Bank of China, Industrial and Commercial Bank of China, Lenovo Group Ltd and China Eastern Airlines are all its clients.

Banks, insurance and securities companies have received heavy fines for flouting market rules, and Internet finance companies once prospering on easy and fat profits are having a difficult time to survive with the enhanced rules.