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Chinese artificial intelligence pioneer Megvii Technology Ltd announced on Wednesday that it would open source its proprietary deep learning framework, MegEngine, to allow global developers to create AI solutions for industrial and commercial scenarios.

Chinese online education startup Huohua announced on Monday that it has raised million in its latest round of fundraising, which industry insiders said is the largest round of financing in the math education-focused sector.

Chinese manufacturers are enjoying similar growth. The Marie Dalgar brand from Shanghai, which targets consumers in their 20s, has seen annual revenue growth of 57 percent on average in recent years.

Chinese companies invested over billion in the nine US states in the midwest region as of 2016, creating over 45,000 jobs, according to China General Chamber of Commerce-USA.

Chinese e-commerce giant JD, which initially coined the midyear campaign, said it will offer 50-percent discounts on more than 200 million commodities, including electronic products, home appliances, daily necessities, cosmetics, apparel and over 1,000 housing resources.