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Chinese artificial intelligence startup 4Paradigm announced on Thursday that it has raised 0 million in its series C and C-plus rounds of financing, which will move its valuation to billion.

Chinese medical experts pose for a photo before boarding a plane at an airport in Urumqi, Northwest China's Xinjiang Uygur autonomous region, April 20, 2020. They are expected to share COVID-19 prevention and treatment experience with public servants, doctors and other people in need in Kyrgyzstan. Photo provided to chinadaily.com.cn

Chinese investors are expected to remain active in the UK's real estate market in 2018 after massive commercial property investments last year.

Chinese developers boast strong innovation capabilities, leading business models, excellent user experiences and growing ambitions to go global, Ge said, adding that the new accelerator testifies to Apple's commitment to help Chinese developers.

Chinese authorities have constantly reiterated that "houses are built for living in, not speculation."