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Chiu believes that these investments help the tech giants expand into the film industry and also grow their other ventures in creative ways.

Clark suggested that Shanghai's reputation as an international business city needs to continue to evolve around the professionals living there to keep it competitive.

Chinese web streaming company Sohu TV launched its 2018 spring/summer promotional conference in Beijing on May 23, with a main focus on strengthening its own video platform by self-producing online dramas and variety shows, introducing We media (participatory media), and upgrading livestreaming platforms. Zhang Xingjian reports.

Chinese tourists prefer less well-known small cities and villages－along with big cities and hot destinations－when traveling to countries and regions related to the Belt and Road Initiative, according to a report by international house-sharing service provider Airbnb Inc.

Chinese winemakers are going upstream to tap the booming market and pursue excellence in wine quality. Changyu's Ningxia branch said it now exports to 14 countries, including the United Kingdom, France, Germany and Italy. A bottle of estate wine sells for 1,580 yuan (about 0).