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Chinese authorities have called for enhanced efforts to aid poverty reduction by promoting online and offline consumption of products from poor areas.

Chinese leading PC giant Lenovo Group Ltd will step up its efforts to develop artificial intelligence (AI) to boost its existing business as well as create new growth engine.

Chinese and Western artists should respect, appreciate and learn from each other, Ho said. "Self respect and mutual respect are the keys for real cultural exchange and global harmony."

Chinese corporates' onshore bond issuance slumped by 32 percent to 5.7 trillion yuan (9.70 billion) in 2017, the first annual decline since 2010, as regulatory tightening pushed up funding costs.

Chinese e-commerce giant Alibaba Group Holding Ltd said on Tuesday that it paid a total of 36.6 billion yuan (.7 billion) in taxes in 2017, marking a sizeable increase from the 23.8 billion yuan paid in 2016.That means Alibaba remains one of the largest taxpayers among Chinese internet companies, with paid tax exceeding 100 million yuan per day.In addition, with merchants operating on Alibaba's platforms, its upstream manufacturers and logistics companies paid more than an estimated 290 billion yuan in taxes last year.The company also said it has created more than 33 million jobs in China, with thousands of new types of jobs being created, including robot breeder and e-commerce anchor.