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Individual Chinese investors are snapping up three-year hybrid funds focusing on unicorn companies, startups with a valuation in excess of billion, as they embrace China's financial innovation and seek good investment returns.

Industry specialists said they believe that the technology will benefit anti-counterfeiting efforts in e-commercial businesses. The invention won 200 million yuan (.75 million) in financing for commercial application from an investment company based in Zhenjiang, Jiangsu province.

Industry data shows there are more than 1.7 million EVs registered in China as of the first half of this year. The country plans to produce one million such vehicles annually by 2020, according to the Ministry of Industry and Information Technology.

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Industrial and Commercial Bank of China has introduced quantum communication devices into their Beijing and Shanghai data centers, and many local provinces are building quantum communication networks, he added.

Infused with the fragrance of Six God Floral Water, arguably China's most popular mosquito repellent made by Jahwa, the cocktail managed to sell out all of its 5,000 limited-edition bottles within 17 seconds of their launch on JD on June 18.

Incoming travelers from China, on the other hand, "increased in the last month by 33 percent," he said.

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In their open and candid exchange of views, the Chinese participants expressed concerns about the rigid national security reviews on Chinese enterprises coming to invest in the United States, while their American counterparts raised some questions about the foreign investment environment in China.

Industry analysts said more and more Chinese bike-sharing service providers will likely go global.

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Infants' shoes from the base are popular and even attract online buyers from Hong Kong and Singapore. The base sold nearly 4,000 pairs of infants' wool shoes online and offline in May.

In this year's GMIC, young firms and entrepreneurs will become a new focus as emerging young power has geared up as a new force in the technology and internet sector.