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Chinese leading smartphone maker Xiaomi was set up merely nine years ago, but already has been listed on the Global 500 for the first time this year at 468, making it the youngest firm among the 500.

Chinese people can learn from this and be inspired to strive to do better. That is how Greece has seized an opportunity to achieve a great rejuvenation.

Chinese mainland confirmed 440 cases of pneumonia caused by a new coronavirus by Tuesday midnight, affecting 13 provinces, with the death toll rising to nine, the National Health Commission said on Wednesday morning.

Chinese companies are also teaming up to develop smart cars. A total of 21 Chinese companies are planning a 1 billion yuan (4 million) joint venture that will specialize in research and development of such cars. Among investors are FAW Group Corp, Dongfeng Motor Corp, China Mobile, China Unicom and ride-sharing giant Didi Chuxing's parent company, Beijing Xiaoju Technology, according to Shanghai Baolong Automotive Corp, also a potential investor, in its filing with the Shanghai Stock Exchange in late December.

Chinese e-commerce giant JD will lay off 10 percent of its senior executives above vice-president level this year, as the company looks to maximize its resources, as well as enhance its corporate governance.