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In offshore trading, the yuan weakened to 6.5519 per dollar from 6.5335 in intraday trading on Tuesday after falling to 6.5400 from 6.5018 on Monday. The yuan's rate against the dollar in offshore markets had been rising strongly since late last year.

In one case, a woman was introduced to a broker who asked the woman to lend him 1.9 million yuan (3,000) by pledging her house to a third party for three months. In return, the broker promised to give the woman 5 percent monthly interest.

In late March, the platform staged a massive online promotion to help domestic buyers familiarize themselves with the traditional exporters, and some have reaped initial gains.

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In his opening address to delegates during the congress, Xi Jinping, general secretary of the Central Committee of the CPC, called the one-China principle the political foundation of cross-Straits relations, and said that attempts to move toward "Taiwan independence" in any form will be defeated.

In his speech, Thai Deputy Prime Minister Somkid spoke highly of Huawei's contribution to the kingdom's digital transformation in the past three years.

In its annual report following a shareholders' meeting on Tuesday, Sonova, an internationally active Swiss company headquartered in Stafa, Switzerland, says it's pursuing a long-term growth strategy in the Asia-Pacific region, which contributed about 10 percent to its sales in 2016-2017 and has achieved significant sales growth in recent years.

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In his speech to the recently concluded 19th National Congress of the Communist Party of China, General Secretary Xi Jinping said increased international engagements would help in the country's prosperity, according to Graham Shantz, president of the Canada China Business Council (CCBC). The CCBC is a nonprofit business association that helps its members to grow their businesses in China and Canada.

In his much-talked-about plans for a setting up a digital agency, he said that it was paramount to eliminate administrative sectionalism and push forward the digitalization of government functions.

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In partnership with CDB and Bpifrance, Cathay Capital has launched five funds, aiming to support the development of French and Chinese companies, especially in their international expansion.

In his message, Xi noted that since the establishment of bilateral diplomatic ties 60 years ago, the traditional friendship between China and Ghana has grown stronger with practical cooperation yielding fruitful results.