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Chinese baijiu brand Kweichow Moutai is China's most valuable regional brand, with its value reaching 288.6 billion yuan, while domestic car manufacturer Geely Auto won top place among all product makers with its brand value reaching 31.4 billion yuan.

Chinese actress-singer Li Yuchun releases a series of photos for her role as Black Phoenix in the film Monster Hunt 2. The film is scheduled to be released in China on February 16, 2018, to coincide with Chinese New Year. [Photo/IC]

Chinese electric car startup Nio Inc is expected to get strategic investment of over 10 billion yuan (.43 billion) from the Hefei city government in Anhui province, according to a framework agreement the two signed on Tuesday.

Chinese local government bonds worth 1.4 billion yuan (8.5 million) were snapped up by retail investors within a single day, after counter sales in banks were made available for the first time. The fundraising will help supplement a broader fiscal deficit this year, analysts said.

Chinese policymakers are dealing with the hard dilemma of simultaneously transforming the long-term nature of the economy while avoiding short-term inflation or recession. To transform the economy, the nation needs to continue to reduce outstanding debt levels and shift from overcapacity heavy and extractive industries to a more innovative, consumer-focused economy. The danger is that moving too fast in that direction could throw lots of people out of work or cause the financial collapse of companies.