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Chinese internet search giant Baidu Inc obtained a license to test its self-driving cars on open roads in Beijing on Thursday, meaning a large-scale commercial use of such vehicles could cruise into people's lives faster than many have expected.

Chinese companies not only participate in the infrastructure sector efficiently, but also save more cost than other companies, Eran told Xinhua.

Chinese lenders bought 2.6 billion worth of foreign currency and sold 3.2 billion worth last month, according to the nation's top forex administrator. The domestic foreign exchange market remained stable in May, and the cross-border capital flows through major channels generally maintained balanced and stable growth, said a spokesperson with the SAFE, as trade of goods was still the key channel of net capital inflows and foreign exchange supplier.

Chinese consumers appear to be younger at heart than their counterparts in the United States and Japan and this is reflected by their consumption habits, despite an increasingly aging society, a new report showed.

Chinese cuisine is more than a business card for the nation. As Chinese restaurants spread across the globe, Chinese dishes, known for their diversified recipes and flavors, melt millions of hearts.