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Climate change has been poised to be a key policy battleground in Australia ahead of the expected May election, with a number of independent candidates naming it as a focus of their campaigns.

Chinese smartphone brand Vivo, the No 3 player in India, is investing 4 billion yuan (1 million) to set up a second manufacturing plant in the country. The move will likely double its local factory employee head count to about 20,000 in the next five years.

Chinese tech giant Tencent has announced several high-profile deals to help British creative industry companies and organizations, such as the BBC and British Fashion Council, reach the Chinese market.

Citing financing measures for foreign trade companies, He said SMEs would no longer wait for too many credit approvals in their fundraising.

Citing facts and statistics that mark Hong Kong's development, the ambassador said Hong Kong benefited immensely from the principle since its return to China in 1997.