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Chinese e-commerce giant JD said it will offer 50 percent discounts on more than 200 million commodities, launch more than 300 million new products and give subsidies and consumption coupons worth more than 20 billion yuan ( billion) during this year's Singles Day shopping carnival.

Chinese companies in Southern California are increasingly looking to build up their image, hoping to have a positive impact on local communities with their investments.

Chinese coffee chain Luckin Coffee has completed its new financing round of 0 million (1 billion yuan), lifting the firm's valuation to an estimated .9 billion, news portal NetEase reported on Thursday.

Chinese after-school education service provider Puxin made its debut on the New York Stock Exchange (NYSE) on Friday, making it the third largest Chinese after-school tutoring platform to be listed on the NYSE.

Chinese consumers have become increasingly drawn to foreign brands via e-commerce platforms. Retail imports via those platforms reached 56.6 billion yuan in 2017, up 75.5 percent year-on-year. In the first 10 months this year, the import value rose 53.7 percent year-on-year to reach 67.2 billion yuan.