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Chinese listed companies reported brisk profit growth in 2016, as they ramped up spending on research and development, with emerging sectors outperforming traditional industries.

Chinese financial regulators will continually encourage commercial banks to develop innovative debt instruments and replenish capital, in order to meet regulatory standards and strengthen their ability to absorb losses, said senior officials.

Chinese people's real estate investment overseas hit a new low last year as their selloffs increased, a recent report from property consultancy CBRE showed. However, Chinese buyers increased purchases of homes located near famous educational institutions overseas.

Chinese actress Lin Yun poses as she arrives on the red carpet for the opening ceremony of Harper's Bazaar 150th Anniversary Exhibition in Shanghai, China,Dec 21, 2017. [Photo/IC]

Chinese community-based online retailing platform Nice Tuan announced on Wednesday it has raised million in its series C2 round of fundraising. [Photo/Nice Tuan]