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Chinese people who live abroad and have not renounced their Chinese citizenship can keep their Shanghai hukou (household registration) intact - at least for now - according to the Shanghai Public Security Bureau.

Chinese private enterprises have sought to buy distressed overseas businesses, perhaps with an overly rosy view of their ability to turn the business around or to create synergies with their existing China business, according to McKinsey&Company, a global management consulting firm.

Chinese medical teams are now present in most countries in Africa, providing services including diagnosis and treatment of AIDS patients, Feng said. To help African countries fight AIDS, China has also trained a number of African medical personnel, Feng added.

Chinese online-to-offline retailer Suning reduced prices of iPhone XS on Tuesday, a move which comes after Apple Inc reported significant decline in China sales earlier this year.

Chinese consumers have developed a taste for foreign brands.