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Chinese authorities emphasized during a meeting in April the need to expand domestic demand and the necessity to release the potential of consumption by stimulating consumer spending and increasing public spending as appropriate.

Chinese internet auto insurance warmed up in the first quarter of 2018 after a 24-month of drop from 2016 to 2017 due to tightened regulation, data showed.

Chinese investment in overseas property assets reached a record high of about .5 billion in 2017, up 8 percent year-on-year, and seven times higher than that of 2012, Real Capital Analytics said.

Chinese electric vehicle manufacturer BYD Co Ltd unveiled its first European electric bus factory in the northern Hungarian city of Komarom on Tuesday.

Chinese exhibitors like home-appliance makers Haier and Hisense also have moved their factories to the US, which has brought investment and jobs.