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Last month, the CSRC also approved BlackRock Financial Management Inc, a New York-based investment management firm, to establish a wholly-owned mutual fund management company in China. The new Shanghai-based company has a registered capital of 300 million yuan ( million). Its business scope includes mutual fund management, fund sales and handling private assets.

Last year, Chinese companies issued a record high of 0 billion US dollar-denominated bonds in overseas markets, a 70 percent surge from 2016 , according to a Xinhua news agency report citing Bloomberg's data.

Last month, China saw a surplus of .2 billion in foreign merchandise trade.

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Last year, more than 21,000 pieces of information related to fundraising were published on 20 registered online platforms, attracting more than 8.46 billion clicks and reads, according to the Ministry of Civil Affairs.

Last November, Yu Chengdong, CEO of Huawei's consumer business group, revealed in an interview with CNBC that the company is "working on AR smart glasses which could debut in the next one or two years".

Last October, SAIC Volkswagen broke ground for its first-ever electric vehicle plant in Shanghai, with a total investment of 17 billion yuan (.45 billion).

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Larsen made the comments after a post on social networking site Weibo about the invasion of an exotic oyster, known as the Pacific oyster, generated a flurry of enthusiastic responses from Chinese people.

Last year, China had 295 million registered vehicles; and in 15 major cities, including Beijing, Tianjin and Shanghai, exhaust emissions contributed between 13.5 percent and 41 percent of all airborne pollutants, according to ministry figures.

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Last year, Harley-Davidson said it would increase production in its plant in Thailand partly to avoid the tit-for-tat European Union tariffs on motorcycles shipped from the US.

Last year, China Reading paid nearly 1 billion yuan to novelists, which proves the company owns a mature business model to support the operation, said iResearch.