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Chinese companies have expressed an interest in securing exploration acreage to find gas in waters off the Isle of Man, the self-governing British Crown Dependency located between the United Kingdom and Ireland, said a senior government official.

Chinese and European Union officials see a huge potential for mutually beneficial cooperation even when the global economy is overshadowed by unilateralism and protectionism.

Chinese companies have grown rapidly in recent years and are playing an increasingly important role, not only in China but also worldwide. We have strong and strategic partnerships with many Chinese banks. For example, this February, the China Development Bank and Standard Chartered Bank signed a memorandum of understanding, formalizing a strategic partnership to facilitate trade and investment relating to China's Belt and Road Initiative.

Chinese artificial intelligence pioneer iFytek Co said on Tuesday that the ban will not have a significant impact on its daily operations as most of its core technologies are self-developed.

Chinese brands are already perceived as innovative and cutting-edge by young Chinese consumers, but they must be mindful of being a business operating within an international market and adapt their communications strategy to resonate locally. Brands that can differentiate themselves from the competition and be more salient, staying front-of-mind for consumers, are more powerful, she added.