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Nearly 70 percent of respondents believed that their private information was unnecessary to the functioning of the app.

Nationwide, the number of Taobao Villages exceeded 2,100 in 2017, compared with just 200 in 2014. This year, the transactions in these Taobao Villages hit 120 billion yuan, according to Alibaba.

New faces include Raymond Tam Chi-yuen, former secretary for constitutional and mainland affairs, and singer-turned-politician Cally Kwong Mei-wan.

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Nearly 10,000 firefighters continued battling 13 large wildfires burning in the state, and cooler temperatures and increased humidity overnight have aided firefighters in their efforts, CAL FIRE said.

New Havi will manage part of Havi's existing logistics business in China. United States-based Havi launched its business in China 40 years ago, providing delivery services for McDonald's.

New White house Communications Director Anthony Scaramucci (R), flanked by White House Press Secretary Sarah Sanders, blows a kiss to reporters after addressing the daily briefing at the White House in Washington, US July 21, 2017. [Photo/Agencies]

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Nation's sovereign wealth fund posts net profit of 3.62 billion last year China's sovereign wealth fund announced on Monday it posted a net profit of 3.62 billion as of Dec 31, 2017, up by 37.55 percent year-on-year.Most importantly, the net return on its overseas investment hit a record high of 17.59 percent last year, compared with 6.22 percent in 2016, according to the annual report of China Investment Corp."Among our asset classes, open market operations recorded the fastest growth in return on overseas investment, followed by private equity and direct investment, and then by fixed-income investment," said Li Wenping, deputy director-general of CIC's finance department.Last year, as the exchange rates of non-US currencies remained relatively stable against the US dollar, CIC had a foreign exchange loss of million, much smaller than the exchange loss of .53 billion in 2016 when the US dollar was stronger, Li said."CIC is an important chapter of the monumental masterpiece of China's opening up," said Tu Guangshao, vice-chairman and president of the sovereign wealth fund."During the past 10 years, we grasped the opportunities of global economic development and the integration of China into the global economic system."Since the sovereign wealth fund was established in September 2007, its net cumulative annualized return on overseas investment was 5.94 percent as of the end of 2017. During the same period, its total assets increased from 0 billion to 1.42 billion, and the annualized growth rate of State-owned capital was 14.51 percent, according to the annual report.CIC is drawing up a future development strategy, especially for the next three years, Tu said."We'll steadily increase our alternative investment and direct investment, better promote the combination of our outbound investment and China elements, keep innovating outbound investment methods, such as optimizing the existing multilateral and bilateral funds, and build a multi-dimensional ecosystem for cross-border investment to deepen our cooperation with various partners," he said.

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Nestled deep in mountains, the village is home to 106 households. A total of 102 have been lifted from poverty, like Wu, via growing honeysuckle, with four still on the impoverished list.

Nearly 90 percent of Chinese financial institutions have used or plan to use cloud computing technology, according to the China Academy of Information and Communications Technology (CAICT).