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As of Wednesday, 1,432 Chinese listed companies had disclosed their preliminaryfirst-quarter reports, and 66 percent of them registered a net profit growth or turned losses into gains, according to data compiled by Wind, a leading information service provider.

As one of the earliest countries that support the Belt and Road Initiative, Egypt firmly believes that the initiative will create enormous opportunities for their bilateral cooperation as well as international and regional cooperation, he said.

As part of the announcement, Groupon also promoted Rich Williams to the position of COO to oversee its global businesses and operations. Williams currently serves as Groupon’s President of North America, and will continue in that capacity while adding international responsibilities.

As part of its efforts to commemorate the 40th anniversary of reform and opening-up, China has announced a series of concrete measures to open up wider to foreign investors, including broadening market access, improving investment environment, and increasing imports.

As of September, Fliggy had 549 million monthly active mobile users from across Alibaba's e-commerce platforms, and 83 percent of its users were born after 1985, according to the company.