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Chinese Vice-President Wang Qishan is visiting Germany from Thursday to Sunday at the invitation of German government. During the visit, China and Germany will have an in-depth exchange of ideas on bilateral relations and cooperation in various fields, Wu noted in a recent interview with Xinhua.

Chinese companies' investment in ASEAN countries covers e-commerce, payments, logistics and mobile applications. The technology and channel advantages of Chinese companies can drive the development of related industries in Southeast Asia and promote the development of bilateral cross-border e-commerce.

Chinese genomics giant BGI, previously known as Beijing Genomics Institute, officially confirmed on Wednesday that the company will not pay compensation for a boy with mental disabilities and physical deformities in Hunan province.

Chinese companies that are industry leaders have an increasing need to allocate resources and assets on a global level, and quick M&A approvals, especially removal of unnecessary administrative procedures, will help safeguard business secrets, and facilitate the implementation of international strategies, Song said.

Chinese customers are about to embrace a hybrid version of the Volvo S90, the company's top sedan model, in 2018, and to witness the launch of the model's fully electric version soon after.