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Chinese authorities released a master plan on June 1 for the construction of Hainan Free Trade Port, aiming to build the island－32 times the size of Hong Kong－into a globally influential high-level free trade port by the middle of the century.

Chinese conglomerate Geely Holding has hit a speed bump on its way into the United States, as Ford Motor has challenged the trademark application for its new car brand Lynk & Co.

Chinese online grocery and delivery company Dada-JD Daojia announced on Thursday it had raised 0 million from US-based retail giant Walmart Inc and Chinese e-commerce behemoth JD in its latest round of financing.

Chinese laws allow internet operators to use personal information if they inform users that their personal data are collected and receive users' permission. Kou highlighted the significance of this requirement, but said in actual practice, many enterprises collect users' information in an unregulated and excessive manner.

Chinese banks' global brand presence continues to consolidate as four Chinese banks led by the Industrial and Commercial Bank of China (ICBC) are named the four most valuable banking brands this year, according to a report by London-based brand valuation consultancy Brand Finance.