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China has tightened its scrutiny of outbound mergers and acquisitions by Chinese companies to curb speculation and manage capital outflows. It has also further opened its financial markets including launching a bond trading link between the mainland and Hong Kong to attract more inbound capital from overseas investors.

China initiated on Feb 4 an anti-dumping and anti-subsidy investigation into imports of sorghum from the US.

China is speeding up efforts to open up its financial markets, providing foreign rating agencies great development opportunities, experts said after US-based financial information and analytics provider S&P Global was permitted to set up a subsidiary in China.

China has seen double-digit growth in the number of children's books published for two decades, with sales volumes surpassing 20 billion yuan annually, according to a think tank report published in June.

China is fast emerging as brand leader in a wide variety of sectors and many of the leading domestic companies are gaining global recognition for quality, according to a new report from Brand Finance, a London-based brand valuation consultancy.