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China's Shaanxi province is beckoning some of Silicon Valley's top talents back to their homeland to help boost its emerging high-tech industries and drive economic growth through innovation.

China will start to levy a safeguards tariff on sugar imports after a six-month investigation, in order to protect the domestic sugar industry and stabilize the market, the Ministry of Commerce said on Monday.

China's Beidou Navigation Satellite System has started offering its services to a wide range of sectors as well as an expanding number of countries, as the homegrown system steps up its application and commercialization.

China's auto market, hit by COVID-19, began to recover in April thanks to unleashed pent-up demand and supportive policies, with sales rising 4.4 percent year-on-year. This ended a contraction streak over the previous 21 months, according to CAAM.

China's 3D printing industry is expected to reach .68 billion in output value, or one-third of the global market by 2020, according to a forecast by the China Industry Information Institute.