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Chinese phone maker Transsion, which is known for two of its mobile brands in Ethiopia that are Tecno and Itel, last week marked a milestone of its presence in Ethiopia, clearing the mark of 0 million in export of mobile phone products manufactured in its Ethiopian factories in the last two and half years.

Chinese are spending more money on products that can help them get a better night's rest, according to the latest report by Shanghai-based research firm CBNData.

Chinese policymakers need to find new financing methods to lift infrastructure investment to an "ideal" growth rate of higher than 6 percent this year, but without a surge in local government debt, according to economists.

Chinese high-tech startup Segway-Ninebot unveiled its brand-new electric bikes on Tuesday in Beijing, which include the Ninebot e-moped and Ninebot e-scooter, along with two conceptual models, the Ninebot e-scooter T and Ninebot Apex.

Chinese and foreign exhibitors have shown enthusiasm for the four-day event. More than 2,700 firms, including a number of Fortune 500 companies, will showcase their products at the event, up 2.6 percent from the previous event.