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Apart from apples, Auvil's cherry business in China is also booming. The company has seen tremendous increase in its cherry sale volume in recent years, and its rainier cherries are gaining popularity with its rich flavor.

Ant Financial Services Group is calling off its acquisition of US-based Money-Gram International Inc, after failing to gain approval from Washington's national security panel, which is increasingly obstructive toward Chinese investment in US firms.

Annual dairy product sales in China are predicted to grow 16.8 percent to 480 billion yuan by 2023. Currently, China is the second-largest dairy market globally, following the United States. This year, total sales of dairy products are expected to reach billion in the US, Euromonitor found.

Apart from the special admission ticket supplements, a display panel of 110 square meters with pertinent information has been set up in the park to attract public attention. The panel, along with the tickets, cost nearly 10,000 yuan (,573), said Yang.

Another change is the development of domestic automobile brands. The players in the arena, including newcomers and traditional carmakers, will diversify in next five years. In fact, it has already happened in some segments, such as electric buses.