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Chinese dairy giant Yili has again made it into the Global Dairy Top 20 rankings recently released by the Netherlands-based Rabobank, a provider of financial services for the food and agribusiness sectors. Yili has made the rankings every year since 2014.

Chinese business companies have stood firmly behind African countries in the fight against COVID-19, with both State-owned enterprises and private companies becoming vital forces.

Chinese policymakers understand the problems with investments of low efficiency, which come at the cost of a sharp rise in the debt of local governments and State-owned enterprises. "Instead, they are adopting a different style of fiscal stimulus: tax cuts, for both households and corporations," said Zhu Haibin, JPMorgan chief China economist and head of China equity strategy.

Chinese home appliances manufacturer Konka Group Co Ltd will increase investment in 5G, 8K, AIoT (artificial intelligence plus internet of things), semiconductor and new display, as part of its broader push to drive the consumption upgrade of the country's television industry.

Chinese kung fu became popular among Westerners thanks to Bruce Lee and Jet Li, but more people study the traditional Chinese martial art because they benefit from it, said Yan Ran, chairman of Shaolin Temple USA, a non-profit organization committed to promoting Shaolin kung fu in the US.