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Chinese players are taking a leading role not only in technology and products, but also in participating in the standardization process, while many other international key players have disappeared from the market.

Chinese home-sharing company Xiaozhu Inc announced on Wednesday that it has raised 0 million in its latest round of financing, with Alibaba Group-backed Yunfeng Fund leading the investment.

Chinese brands that are exploring overseas markets can gain more exposure and get closer to their global consumers through sponsoring major global sport events, he said.

Chinese firms plan to increase imports of over one third of 92 surveyed product items. Popular imported products include wine, fresh fruit, beer and milk, the survey showed.

Chinese energy companies frequently collaborate with Northern European contractors on domestic offshore projects, and they have also invested heavily in European offshore wind farms.