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Chinese companies invested over billion in the nine US states in the midwest region as of 2016, creating over 45,000 jobs, according to China General Chamber of Commerce-USA.

Chinese authorities unveiled a master plan on June 1, vowing to transform Hainan into a globally influential high-level free trade port by the middle of the century, Xinhua News Agency reported.

Chinese battery makers are revving up their counterattack. BYD, which comes second only to CATL, is partnering with local carmakers, including Changan Auto, to build battery joint ventures.

Chinese companies can leverage their expertise in merging online and offline commerce to prompt cross-border trade in economies related to the Belt and Road Initiative, according to industry experts.

Chinese TV and PC makers have been working to improve users' visual and audio experiences, driven by the demands of a growing middle class.