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Chinese banks allocated an estimated 3.46 trillion yuan of wealth management product cash to such managers as of Sept 30, according to PY Standard, a Chengdu-based research firm. When the banks' own money is included, the total size of entrusted investments swells to 11.8 trillion yuan, according to SWS Research in Shanghai.

Chinese internet giant Tencent on Monday received its first license to test intelligent connected vehicles on designated roads, marking a step toward application level for its automotive driving technology research.

Chinese companies are changing the investment paradigm from absorbing resources and offering markets, to a more balanced philosophy—Chinese companies also providing and contributing to the overseas markets, especially to the backdrop of China's domestic supply-side reform and the Belt and Road initiatives. That shift is absolutely aimed at an all-win situation. Legend Holdings' acquisition of BIL is a prototype and example of the all-win scenario.

Chinese pianist Lang Lang will join in a star-studded cast of celebrities for One World: Together at Home, a televised and online-streamed global concert honoring and supporting front-line healthcare workers amid the coronavirus pandemic.

Chinese e-commerce giant JD said its net revenues for the fourth quarter of 2018 reached 134.8 billion yuan (.6 billion), an increase of 22.4 percent from the fourth quarter of previous year.