The company said to date it has established a network of partnerships reaching over 50 percent of the world's population across more than 1,000 cities in North America, Southeast Asia, South Asia and South America
The company hopes the optimized supply chain will better serve Chinese travelers' upgraded consumption, and strengthen China Eastern's competitiveness in the global market.
The company, Hunan Junjie Food Company Ltd, built a pepper sauce factory in Longhui county, and gave free pepper seeds to the local people. The company then bought the maturing hot peppers from the residents.
The company will also offer more intelligent and integrated cybersecurity systems to solve home, city and national security problems, the company said.
The company's offshore bonds have suffered, as analysts at banks including BNP Paribas SA have said investors should exit them. The 2024 notes issued by Wanda Properties International, a unit of Wanda Commercial, have lost 2.9 percent this year, the worst performer among high-yield dollar bonds from Chinese issuers in Bank of America Merrill Lynch indexes.
The company will open operations in several key cities and regions in 2018, with China projected to be the largest tourist source country for Airbnb by 2020.
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The company will open more restaurants nationwide this year to speed up business expansion.
The company, a subsidiary of e-commerce giant Alibaba Group Holding Ltd, had attracted more than 100 million international buyers as of April since its launch in 2010, said Dai Shan, president of Alibaba's business-to-business unit.
The company started to limit minors' playing time Tuesday, cap underage users' consumption and reinforce the real name system.
The company said it aims to contribute to the country's medical system reform, with a focus on improving community hospitals.