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China-based home appliance giants Haier Group and Hisense Co Ltd have set examples in moving up industrial value chain from OEM business to self-owned brands and factories outside China, according to an industry insider.

China's property market, once deemed a major risk for the broader economy, cooled in 2017 amid tough curbs such as purchase restrictions and increased downpayment requirements, as the government sought to rein in speculation.

China-Europe Networks of Technology and Innovation, also known as CENTI, is an advisory company connecting Europe and China, and it has teamed up with the Lingang Special Area and the Global Tech Advocates network, to connect European tech companies with the Chinese business ecosystem.

Chinese Ambassador to the UK Liu Xiaoming said the UK should not interfere in China's internal affairs, and "must bear all consequences for damaging bilateral relations".

China's top envoy to the United Nations, in response to recent accusations about Xinjiang and Hong Kong by the United States and other countries, on Tuesday rejected the charges as interference and an attempt to provoke confrontation.