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Chinese people have been given easier access to litigation and more convenient legal services, thanks to courts that are becoming "smarter", according to a report issued on Wednesday by the Chinese Academy of Social Sciences.

Chinese companies' going global is entering a new stage where brands are gradually acknowledged globally to be of high quality and with innovative designs, a key step for the country to move up the global value chain, said experts.

Chinese financial regulators emphasized tightening supervision on new financial technologies, preventing over-innovated products that could fuel systemic risks and cause losses to investors, according to central bank vice-governor Pan Gongsheng on Tuesday.

Chinese homebuyers walk past an advertisement of Country Garden during a real estate fair in Guangzhou city, South China's Guangdong province, May 24, 2015. [Photo/IC]

Chinese bike-sharing titan Ofo Inc announced on Monday it has landed in Austria, as the company ramps up the its efforts to expand the booming cycle empire into the overseas market.