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Bearings products on display during a matchmaking meeting for exhibitors and buyers in Shanghai on Wednesday, an event in preparation for the upcoming China International Import Expo in November. [Photo/Xinhua]

Back in 2012, when Brookings ranked the world's cities according to the size of their economy, only 48 cities in China made the list of 300. According to this year's report, 103 cities in China were on the list, exceeding the number in North America and western Europe.

Based on the legend of an ancient Chinese heroine, the film is an adaptation of Disney's 1998 animated film of the same name. Mulan, according to folk legend, lived during a tumultuous era in Chinese history more than 1,400 years ago. She disguised herself as a man to serve in the army in place of her aged father and fight for her country.

Baowu Steel said the deal would help in its goal of producing 100 million metric tons of steel every year. The company said it has reached an agreement with Shanxi State-owned Capital Operation Co Ltd, under which the latter will transfer a 51 percent stake in Tisco, pending approval from the country's top State-asset regulator. Baowu Steel said it will not incur any monetary costs on the deal as the stake transfer is a State-backed restructuring move, it said in a regulatory filing.

BYD has said it will start selling its Tang electric SUV in Norway later this year. The company is well-known in Europe for selling electric buses, which it builds in factories in Komarom, Hungary, and Beauvais, France.