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China's major e-commerce platforms are racing to be the first to put US beef under their online sales portfolio, with the arrival of the first commercial shipment of the meat and its products to China due over the weekend, marking the end of a 14-year import ban.

China's first self-developed 160 kilometer-an-hour magnetic levitation train, made by CRRC Zhuzhou Locomotive Co Ltd, undergoes a test in Hunan province.[Photo by Liang Chao/for China Daily]

China's housing market is likely to continue to cool in 2018, with sales growth set to slow across most of the country and house prices likely to stay relatively flat, said Fitch Ratings.

China's largest online travel agency Ctrip said it has received an unusually large number of enquiries for its South Pole tours this year and estimates that more than 1,000 Chinese tourists would be staying at the South Pole during the upcoming Spring Festival holidays in February 2018.

China's economic aggregate surpassed 82 trillion yuan in 2017, and is expected to hit 90 trillion yuan in 2018, an increase of 8 trillion yuan, and the increment accounts for nearly one third of global growth, according to Ning.