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As Chinese manufacturers try to move up the value chain as part of the country's "Made in China 2025" plan, designers in China are working to reinvent themselves from mere imitators to innovators.

As China's first big data pilot zone, the province has attracted internet giants, including Qualcomm, Huawei, Tencent, Alibaba and Apple, to establish cloud computing and big data centers as well as regional headquarters.

As China's total imports are expected to reach trillion in the next five years, it will bring immense business opportunities for companies in the United States to further balance bilateral trade, the Ministry of Commerce said in a major report released on Thursday.

Apple reported late July its financial results for its fiscal 2020 third quarter with quarterly revenue of 59.7 billion U.S. dollars, an increase of 11 percent from the year-ago quarter while the net sales in the Great China region increased to 9.329 billion dollars. Its Wearables, Home, and Accessories unit brought in 6.450 billion dollars, a 16.7-percent growth.

Armenia-backed forces in Nagorno-Karabakh said 53 of their soldiers had been killed in fighting with Azerbaijani forces on Monday. They had earlier said 31 of their servicemen were killed on Sunday and 200 wounded when Azerbaijan attacked, according to a Reuters report.