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Chinese exports to the United States lower US consumer prices by 1 to 1.5 percentage points. In 2015, trade with China allowed American families to save 850 dollars per household, according to a study by the US China Business Council.

Chinese and Japanese people hold more positive views lately toward China-Japan relations, while issues of history and territory stick out as the main factors creating negative feelings, an annual survey released on Thursday showed.

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 fashion designers should now be looking much further than the next successful international fashion show parade. They should be recruiting brand building teams consisting largely of the most talented Chinese fashion marketing and branding students, striving to deliver the world's first global Chinese luxury fashion brand.

Chinese companies have taken steady steps in tapping into the German market. For instance, CATCL plans to build a battery plant in Erfurt and carmaker startups Byton and Nio have already built design centers in Munich.