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Chinese lenders recorded net foreign exchange sales of .1 billion in the first quarter, down 50 percent from the deficit during the same period last year, the State Administration of Foreign Exchange said on Thursday.

Chinese investments have been moving up the value chain, Yang said. They are expanding from traditional areas — namely agriculture and mining — to a diverse portfolio including but not limited to energy, electricity, manufacturing and technological innovation, he said, helping to boost employment and other related fields in Brazil.

Chinese companies' experience shows that they are better at reacting to the crisis through embracing digital innovation rather than pure cost optimization, Sun said.

Chinese parents prefer that their children receive music education mainly for a couple of reasons: music could make for a decent career and increase their chances of hitting the big time; if not, music qualification can add weight to their applications for a place in coveted universities.

Chinese artificial intelligence giant Baidu this year partnered with the China Central Television (CCTV) Spring Festival Gala, the most-watched annual show on Chinese Lunar New Year's eve, and reported record user participation in collecting hongbao during the show.