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Beijing Bytedance Technology Co Ltd, parent company of China's popular news aggregator Toutiao and short-video app Douyin, may raise around .5 billion in a new round of financing from SoftBank and Primavera Capital, which could value the 6-year-old startup at as much as billion, according to a report by tech media outlet The Information.

Because of Moutai's Chinese roots, Lin said the company's strategy in France focuses heavily on the Chinese community in the country, which accounts for 90 percent of total Moutai sales in France.

Before her son was missing, he donned a jacket, dark blue jeans and rain boots, carrying no water, food or communication tools, Li said.

Beijing has raised the  basic retirement pension by 5 percent to around 4,157 yuan (0) per person, which will cover 2.57 million people, said the Beijing Municipal Human Resources and Social Security Bureau on Friday. 

Beijing plans to further promote one-day tours, improve the 144-hour visa-free entry policy, and offer tax refunds to attract more foreign visitors, the Beijing Municipal Commission of Tourism Development said last year.