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Chinese investment firm All-Stars Investment Ltd, which led the 5 million series B-1 round of funding in December, and existing investors, also participated in the latest fundraising. Moreover, a B-3 round of financing is expected to be completed soon.

Chinese online video streaming service provider iQiyi.com, a unit of online search giant Baidu Inc, on Tuesday filed for an initial public offering in the United States to raise up to .5 billion.

Chinese authorities on Monday released a master plan for the Hainan free trade port, aiming to build it into a globally influential high-level free trade port by the middle of the century.

Chinese and foreign car companies are making great financial contributions to help combat the novel coronavirus outbreak that has killed over 2,800 in the country.

Chinese banks in Beijing are increasingly offering loans to high-tech startups with equity investment, according to China's banking regulator.