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Chinese companies made the outbound investment in more than 3,900 overseas enterprises of 145 countries and regions from January to June, according to a Ministry of Commerce statement.

Chinese brands in the fields of entertainment and education－think labels such as Douyin, Xueersi and XDF－have gained the most in value proposition amid the COVID-19 pandemic.

Chinese e-commerce giant JD has acquired Beijing Jade Palace Hotel for 2.7 billion yuan (7.6 million), with an aim of transforming the five-star property into a new office building and innovation center.

Chinese and US teams should implement consensus reached by the two heads of state, grasp the direction of bilateral relationship, respect each other, and focus on cooperation while dealing with differences properly, Xi said.

Chinese police have been using facial recognition technology to help identify and track down abducted children, according to the Ministry of Public Security.