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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 insurers grabbed headlines by using leveraged money to buy shares in listed companies, triggering sharp volatility in the market late last year.

Chinese director Zhang Yimou will receive an award at this year's Venice Film Festival. [Photo/Xinhua]

Chinese media have transformed profoundly over the past year in terms of integrating information and communication technologies and computer networks into media content, a recent blue book shows.

Chinese ports are expected to receive an average of 1.77 million visits from travelers exiting and entering the country every day during the holiday, up by 8.9 percent from last year's holiday, the National Immigration Administration said on Friday. The Spring Festival holiday is from Monday to Feb 10 this year.