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Cicero said there are no plans at this time to move those to North Carolina. "We may look at consolidation in the future," he said.

Chinese sports brand Li-Ning understands the significance of this trend. Ever since it began to integrate innovative Chinese styles, designs and cultural elements into its sportswear and footwear, the brand regained popularity among young consumers.

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.

Cloud computing, artificial intelligence, and the construction of digital cities are driving markets across the world, and with joint efforts in these industries, Alibaba Cloud and Lhasa government plan to build a "digital Lhasa", the globe's highest located smart city, said Zhao Minmin, director of Tibet affairs, Alibaba Cloud.

Closely tied to China's reform and opening up policy of 1978, internationalization of the country's higher education sector has tremendously hoisted its academic, technological and innovation capacity. This has created a strong pool for African students, who now prefer China to other countries for higher education.