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Around 100 attendees, including investors, entrepreneurs and scholars from China and the US, shared industry trends, China-related opportunities and challenges, and startup pitches and products prototypes at the event.

Apple dropped from last year's No 3 to the fourth place despite a 6 percent gain in annual sales, but it led the way in profits with more than billion in net income, according to the list.

As General Secretary of the CPC, Xi Jinping has spent the last year preparing the Party for the challenges to come, as An Baijie reports.

As China's top tier markets have become saturated, more growth is expected to come from lower tier cities this year.

As China's online shopping festival, which falls on Nov 11 each year, is coming, a newly revised law approved on Saturday makes provisions for serious punishment to those who help online vendors make false advertisements.