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Chinese companies' digitalization expertise and the strong resilience shown by the nation since the COVID-19 epidemic have given multinational companies the confidence to be more deeply rooted in the country, top global executives said during a meeting of the International Business Leaders' Advisory Council in Shanghai.

Chinese community-based online retailing platform Nice Tuan said in late July that it has raised million in a fundraising round. Led by CDH Investments, the latest round also includes GGV Capital, which led an .4 million investment in Nice Tuan earlier this year.

Chinese bike-sharing titan Mobike Technology announced Wednesday its operations in Berlin, Germany, meeting the company's ambitious goal of expanding to 200 cities globally by the end of this year.

Chinese investment in CEEC is over 9 billion U.S. dollars, up from 3 billion in 2012, while CEEC invested 1.4 billion dollars in China. In the first three quarters this year, their trade exceeded 49 billion dollars, marking an increase of 14.5 percent year-on-year. China's imports of agricultural products from CEEC have seen an annual increase of 13.7 percent.

Chinese property developers enjoyed a bumper year in 2016 due to strong sales and easing monetary policies, but runaway housing prices have prompted government cooling measures from October last year.