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Chinese parents also have the richest educational reserve as 55 percent of them pay their children's education fees from savings, investments or insurance returns.
Chinese and Kazakh enterprises, along with financial institutions, have signed at least 24 deals worth more than billion during Chinese President Xi Jinping's visit to Kazakhstan in early June.
Chinese cuisines, especially crayfish, became the hottest item during the just-concluded World Cup in Russia, with Find Food, a new Chinese restaurant, a major contributor to the interest.
Chinese health authorities said the total confirmed cases of novel coronavirus infection on the Chinese mainland had reached 17,205 by the end of Sunday, with 361 deaths reported. Many Chinese cities have implemented traffic restrictions and work delays following the Spring Festival holiday to contain the spread.
Chinese authorities announced on Monday that they will increase Hainan's annual tax-free shopping quota to 100,000 yuan (about ,142) per person each year from the current 30,000 yuan for travelers. They will also expand the categories of duty-free goods, fueling market expectations for the consumption of luxuries.
