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Chinese consumers are actively embracing domestic cultural tourism during the holidays, taking special interest in sites with historical significance, according to a new report.

Chinese enterprises have been taking measures such as diversifying export destinations to minimize the possible negative effect of the US-initiated trade war, according to managers.

Chinese consumers think domestic brands, compared to international, are better at meeting their demands and establishing emotional links, according to Prophet's top 50 brands' list.

Chinese consumers are also warming to the likes of Russian candies, eyebrow powder from India and handmade dolls from Uzbekistan, according to Tmall Global, a site offering a wide range of imported goods.

Chinese investment in the US outstripped US investment in China for the first time in 2015, according to the Rhodium Group, a New York-based consultancy.