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Data from Shanghai-based market tracker Wind Info showed that there were a total of 227 Chinese companies listed in the US by the end of last year, among which the majority 145 companies are listed on Nasdaq. According to UBS estimates, there are about 42 US-listed Chinese mainland companies able to seek relisting in Hong Kong after the Holding Foreign Companies Accountable Act takes effect.

David Qian, president of Ecovacs' international business department, said: "We're building our own brand and investing 10 percent of our annual revenue in research and development. We have over 1,000 patents both at home and abroad."

Data from the Federal Deposit Insurance Corp in June showed that farm bankruptcies were up 13 percent from the previous 12-month period to 535, the highest level since 2012.

Daniel Zhang, chief executive officer of Alibaba, said the robust quarter demonstrated Alibaba's successful interaction with its 500 million consumers as well as its ability to create value.

Daimler has also expanded its cooperation with IT companies to further improve the digital experience for customers in China. For instance, the integration of China specific connectivity features and smart home solutions provide customers with a more seamless digital experience.