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Chinese medicine is a treasure of Chinese traditional culture and health, Lam said in a speech at Hong Kong International Summit on Chinese Medicine organized by Hong Kong Registered Chinese Medicine Practitioners Association.

Chinese consumers are changing fast. I don't want to generalize because obviously it's one of the largest populations in the world, so it's definitely not one-size-fits-all. I would say that Chinese consumers want heritage and authenticity. They want beautiful things, they want great stories. We're still working out what our local Chinese strategy looks like from a product perspective, but I'm really keen to find the opportunity to showcase local talented creatives in China.

Chinese medical teams have been sent to Madagascar to conduct free annual cataract surgeries since 1975.

Chinese mobile phones are becoming popular in Russia. Even Russian users of Xiaomi, a Chinese cellphone brand, are calling themselves MiFan. On June 6, Xiaomi officially introduced their latest flagship cellphone Mix2s to the Russian market. Watch the video and see what a Russian MiFan thinks about the cellphone and about the Chinese brand.

Chinese business giant Alibaba Group has completed its target set five years ago to achieve trillion in gross merchandise volume this fiscal year, said Zhang Yong, the group's CEO, in a letter to shareholders on Friday.