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Such strong growth of the Chinese market was led by accelerated new store openings of KFC and Pizza Hut, as well as a robust performance at KFC, according to Joey Wat, CEO of Yum China.

Students who live in the Caojiadu neighborhood collect vegetables on their rooftop garden, December 21, 2018. [Photo provided to chinadaily]

Such expectations come after a "constructive" visit made by President Xi Jinping to the US last week.

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Such products brought the first super capacitors-fueled buses to the country, he said, adding the business is expanding to surrounding countries, such as Russia and Serbia.

Still, the Dow and the S&P 500 posted gains on two consecutive days for the first time since February.

Students wait in a long line to enter the Central Academy of Drama to take the entrance exams on Feb 12. WANG ZHUANGFEI/CHINA DAILY

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Such ambition is best exemplified by numbers. According to global consultancy McKinsey, China is among the top three in the world for venture capital investment in key types of digital technology, from virtual reality, robotics to autonomous driving and 3-D printing. It dwarfed the United States as the biggest retail market last year, and seized a whopping 40 percent of global e-commerce transactions, up from a mere 1 percent a decade ago; One in three of the world's 262 unicorns (startups valued at over billion) is Chinese, commanding 43 percent of the global value of these companies.

Su agreed, he wrote, adding that his ex-wife also threatened to tell the authorities he had been evading his taxes. The note twice features the word "despair".

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Still, the research and development work has been done at the Baotou Rare Earth R&D Center, which is part of the Chinese Academy of Sciences.

Such expenditures present merchants and tourist attractions with a huge opportunity to tap into growing spending. WeChat Pay, China's leading mobile payment supplier, developed by Tencent, has recently teamed up with Paris-based department store Le BHV Marais as part of its efforts to help European businesses connect with Chinese tourists.