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Chinese e-commerce giant JD.com reported robust businesses during the Chinese New Year holiday, with fourth-tier and sixth-tier cities leading sales growth of over 60 percent, signs of rising spending power in the country's less-developed areas.

Chinese investments overseas have been growing at a double-digit rate over the past 10 years. By 2016, some 30,000 Chinese companies have marched overseas, with a total investment of .2 trillion, including outward foreign direct investment at 3.2 billion. In five years, that figure is expected to rise to 0 billion, revealed Zhou Xiaofei, a director at National Development and Reform Commission (NDRC).

Chinese oil marketing and refining companies are sharpening focus on their non-fuel retail business, with an eye on boosting the overall revenue margins, experts said.

Chinese companies drove four of the top five biggest VC funding projects in Asia in the first quarter.

Chinese philanthropist James Chen, founder of the charity Vision for a Nation and the Clearly campaign, said there are already concerns over the amount of time children spend in front of screens and monitors, and the app will encourage them to take a break and rest their eyes by following the 20-20-20 rule.