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Chinese companies have become more outward-looking after decades of reform and opening-up, with significant attention devoted to countries and regions participating in the Belt and Road Initiative, Huang Xiaoguang, CEO of ANZ China, said at the China International Import Expo on Wednesday.

Chinese online group discounter Pinduoduo proposed raising up to .87 billion in an updated prospectus through listing on the Nasdaq Global Select Market under the symbol "PDD", with 85.6 million American depositary shares on offer at a price range between and per share.

Chinese commercial giant Suning said orders within the first hour on Monday increased 89 percent compared with same period last year, with sales of intelligent digital products skyrocketing 288 percent.

Chinese consumers are taking a more "nuanced view" of global versus local brands. Chinese brands have become credible competitors, especially in the categories of personal digital gadgets and personal care, the report said.

Chinese products have been an important part of the Cuban transport system since 2005, when Yutong buses reached the island nation.