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Chinese FDI in the US plunged 36 percent to .4 billion in 2017 from .2 billion in 2016 and was expected to decline further in 2018, partly due to China's control on capital outflow and partly due to the increasing US government restrictions on Chinese FDI into the US, according to a report by Rhodium Group and the National Committee on US-China Relations.

Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, delivers a speech at the central conference on political and legal work in Beijing, capital of China. The conference was held in Beijing on Tuesday and Wednesday. [Photo/Xinhua]

China's parking lot of tomorrow－a multistory garage that uses robot "valets" to take vehicles to empty spaces－will open in Nanjing next month, according to the technology company behind the project.

China's technology giant Huawei and Samsung China have reached a settlement in a series of infringement disputes involving standard essential patents through mediation from the court, which concluded on Tuesday.

China, in the meantime, made notable breakthroughs in developing technologies such as 5G, computer chips, nuclear power, high-speed trains, high-end vessels and aircraft manufacturing. It also deployed more resources to promote the Belt and Road Initiative and the Asian Infrastructure Investment Bank to build a trade, investment and infrastructure network connecting Asia with more regions in the world.