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Braised hairy crab with sticky rice cake is a favorite dish among diners at Linglong, a tiny but popular restaurant in Shanghai. gao erqiang / china daily

British and European business owners will pitch their ideas to Chinese millionaires next month in a Dragons’ Den-style competition organized by the publisher of Asia’s rich list, the Hurun Report.

Brian M.Y. Choi, PwC China assurance partner, said although private equity and venture capital investors had a keen interest in unicorn companies, risks in large-sized investments still can't be underestimated.

Britain, Singapore, and the United States are among the markets Chinese bike-sharing firms have entered.

Business sentiment across the sector brightened, as the sub-gauge of business expectations climbed with respondents having a positive view about future economic recovery and effective epidemic control domestically.