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Chinese companies on the Fortune Global 500 list are located in 28 cities, while 66.7% are concentrated in Beijing, Shanghai and Shenzhen. Compared with ordinary main-board listed companies, Fortune Global 500 Chinese Companies are more concentrated in the national core cities.

Chinese beer brewing giant Tsingtao launched an expansion of one of its mega factories on Tuesday in Qingdao, Shandong province. It will include a smart industrial park. [Photo provided to chinadaily.com.cn]

Chinese nationals wishing to renew expired passports would only need to provide their original passport and a declaration of their nationality along with all the other standard items, such as application forms and photos. If a Chinese national loses or damages their passport while abroad, an additional description of the loss or damage is requested.

Chinese major insurance company China Taiping Insurance Group launched its new insurance service center that targets the Association of Southeast Asian Nations market during the ongoing 16th China-ASEAN Expo in Nanning, capital of South China's Guangxi Zhuang autonomous region, in a bid to help promote regional economy and expand the Belt and Road Initiative.

Chinese e-commerce giant Alibaba Group Holding Ltd said on Tuesday that it paid a total of 36.6 billion yuan (.7 billion) in taxes in 2017, marking a sizeable increase from the 23.8 billion yuan paid in 2016.That means Alibaba remains one of the largest taxpayers among Chinese internet companies, with paid tax exceeding 100 million yuan per day.In addition, with merchants operating on Alibaba's platforms, its upstream manufacturers and logistics companies paid more than an estimated 290 billion yuan in taxes last year.The company also said it has created more than 33 million jobs in China, with thousands of new types of jobs being created, including robot breeder and e-commerce anchor.