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Chinese mobile payment wallet Alipay is extending its reach to Japan's public transportation sector by testing a Quick Response Code-based payment system in the country.

Chinese bike-sharing behemoth Mobike Technology Co Ltd is gearing up its overseas expansion, as the company aims to meet its ambitious goal of operating in 200 cities globally by the end of this year.

Chinese policymakers are advised to continually keep a close eye on digital finance risks through developing regulatory frameworks and supervisory approaches, according to a report jointly issued by the country's central bank, the People's Bank of China, and the World Bank Group, on Sunday.

Chinese mainland travelers made more than 120 million outbound trips in 2015, 313 percent more than 2005, according to a report released earlier by Ctrip, China's leading online travel agency, and the think tank Center for China and Globalization.

Chinese home appliance maker Skyworth Group plans to build three manufacturing bases in South America, North Africa and the Middle East regions in the coming two to three years as it strives to expand its global footprint amid growing saturation in the domestic market.