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David Haigh, CEO of Brand Finance, said: "The big three Chinese baijiu brands have taken the podium because of the extraordinary celebratory culture that the Chinese customers hold for their products. These are brands that have remarkable value based upon centuries of tradition. It will now be interesting to see whether they will translate this success across China to global markets as they make their first steps in Europe, the United States, Canada, and further afield."

Daimler is setting up a ride-hailing joint venture with China's Geely Group. It will provide services in several Chinese cities using premium vehicles including but not limited to Mercedes-Benz vehicles, according to the two companies.

DHAKA - China's ZTE will build the world's largest virtual Subscriber Data Management (vSDM) platform for Bangladesh's cellular service provider Banglalink.

Data from Euromonitor International showed that the milk formula market which includes standard, follow-on, growing-up and special milk formula has reached 175.5 billion yuan in 2019 in the country and the market's size is forecast to reach 216.3 billion yuan by 2024.

Data from market consultancy All View Cloud showed that TV sales reached 22 million units nationwide in the first half of this year, down 2.7 percent compared with the same period last year, and related sales revenue totaled 64 billion yuan (.3 billion), a fall of 11.8 percent year-on-year.