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Chinese conglomerate Dalian Wanda has pulled out of plans to buy part of the Nine Elms Square site in central London, which comes hot on the heels of the Chinese government's latest rules on investment in overseas deals.

Chinese companies signed 52 project deals with a contract value of more than million last month, accounting for 89.8 percent of the total contract value signed by Chinese firms during this period.

Chinese immigrants and their descendants have helped popularize TCM in the region since ancient times, and as a result, many locals believe in TCM, and regard the ancient practice as having fewer side-effects than Western medicine, Liew said.

Chinese made 726 million domestic trips during last year's National Day holiday, up 9.43 percent year on year.

Chinese big data company BBD opened such an accelerator in London in June, with the aim of helping British and Chinese financial technology companies access each other's markets.