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Chinese policymakers should keep a close eye on digital finance risks by developing regulatory frameworks and supervisory approaches, according to a report jointly issued by the country's central bank and the World Bank Group on Sunday.

Chinese police uncovered 4,500 food safety-related crimes and detained 8,500 suspects between January and May, the Ministry of Public Security announced on Thursday.

Chinese e-commerce giant Alibaba welcomed 10 foreign visitors to its Beijing offices last week to share its progress on fighting fake goods and fostering online entrepreneurs.

Chinese policymakers have increased the emphasis on reforms in some areas of the economy, facilitating access of foreign firms to the industrial and finance sectors, which if effective would contribute to increasing competition and supporting productivity, Moody's said in a press release.

Chinese car users have a tradition of having a long drive back home during holidays and the authorities are mulling an intelligent connected vehicle development road map, according to Jacques Foulquier, Dongfeng Renault's vice-president responsible for research and development.