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Chinese companies are taking a less rosy view of doing business in the European Union compared with last year, a survey released on Thursday shows.

Chinese market was followed by the US market, whose spending rose by 8 percent in 2016 to 2 billion, up billion on 2015.

Chinese minors read 10.36 books per capita last year, increasing by 1.45 year on year, said the survey conducted by the Chinese Academy of Press and Publication.

Chinese consumers, especially those living in lower-tier cities, display a fast-growing purchasing power and a certain liking for buying high-quality products online as COVID-19 has hindered transnational travel, unlike in the past when Chinese tourists would travel abroad with shopping, cultural experiences and sightseeing on their mind.

Chinese police want to strengthen cooperation with their counterparts in Southeast Asian and African countries on cross-border telefraud after recently busting 11 Chinese syndicates located in Laos.