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Chinese consumers have shown a rising interest in health and well-being since the emergence of the COVID-19 epidemic, said Jason Yu, general manager of Kantar Worldpanel China. This offers more market potential for products related to health and well-being, he said.

Chinese internet security company Qihoo 360 Technology Co is set to return to A-share market through a backdoor listing after agreeing a 50.4 billion yuan (.61 billion) deal with elevator maker SJEC Corp.

Chinese Vice-Premier Liu He will attend the conference as a guest of honor. A high-level Chinese delegation of more than 60 people will attend the summit. They are mainly from companies in sectors including petrochemical industry, automobile, electricity, transportation and environment protection.

Chinese e-commerce giant JD.com is looking at developing magnetic levitation, or maglev, technology as part of its future plans to build smart logistics networks.

Chinese companies are quickly embracing cloud computing to lower costs and enhance business efficiency, according to a senior industry executive.