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Among others, BYD has former Ferrari and Mercedes designers on board, and FAW has recruited ex-Rolls-Royce design chief Giles Taylor to revive its Hongqi brand.

Among the products sold were Chinese lobster from Xinliangji, vouchers from milk tea maker Nayuki as well as a gel pen from Xiaomi Corp. These were among the top three sellers. Other well-known participating companies include Lenovo Group, P&G and NetEase Inc.

Amid complaints about reckless speculations on financial markets, the CBRC outlined 10 detailed fields for strengthened risk control, including traditional sectors such as credit, liquidity, real estate and local government debt as well as non-traditional areas including internet finance and cross-border financial impact.

Amitav Acharya, a notable Indian-born Canadian scholar on international relations, told Xinhua that Thucydides' trap "can become a self-fulfilling prophecy", adding that "it's dangerous because you start thinking that somehow this part of the concept has some analytical value."

Amazon’s futuristic vision for a new generation of smart devices — gadgets that?know what we?need and automatically order it for us — could become more of a reality by the end of the year.