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China's tax rate structure was reduced from four tiers to three in July - now simply 6 percent, 11 percent and 17 percent - while the levy on farm produce, tap water and books was reduced from 13 percent to 11 percent.

China's technology, media and telecommunications (TMT) sectors saw 49 initial public offerings in the second half of 2017, garnering a total of 50.2 billion yuan ( billion), according to global accounting firm PwC.

Chinese American actress Lucy Liu, who is known for her acting in the film of Charlie's Angels: Full Throttle, has earned a permanent spot in the heart of viewers for her accomplishment in the entertainment industry, and that achievement was honored with an everlasting, five-point terrazzo-and-brass star along the famous Hollywood Walk of Fame.

China's top policymakers gathered at the annual Central Economic Work Conference held from Dec 10 to 12 in Beijing. The meeting stressed the importance of stabilizing the country's economic growth and maintaining the proactive fiscal policy and prudent monetary policy to ensure high-quality growth.

China-ASEAN Information Harbor, an integrated digital platform of the region, has launched 29 projects including the E-government Cloud Computing Center, the China ASEAN Smart City Collaborative Innovation Center. High-tech companies like Huawei, Tencent and Inspur Group were attracted to set up a base in Guangxi .