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Chinese financial authorities have approved the application by a joint venture of American Express for setting up a bank card clearing and settlement institution. [Photo/IC]

Chinese brands from sectors like mobile games witnessed increasing awareness in Japan, while fast fashion brands like Zaful saw traction in markets like France and Spain, representing significant growth opportunities for Chinese companies wanting to expand into these markets, said Doreen Wang, global head of BrandZ at Kantar.

Chinese policymakers are likely to further ease monetary policy and promote bank loans for small and medium-sized companies in the second half of this year, introducing measures to control risks and prevent shocks in the local labor market, according to industry experts.

Chinese companies invested a total of billion in 5,159 enterprises from 154 countries and regions in the first three quarters of this year. The investment mainly went to leasing and commercial services, manufacturing, wholesale and retail, as well as information technology sectors, data from the Ministry of Commerce showed.

Chinese authorities have released a guideline to promote digital technologies in rural areas as part of their efforts to advance agricultural and rural modernization.