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As a rising startup in Silicon Valley, the two founders said they had been planning to enter the Chinese market for a number of years, given its size. Although the company did not provide any forecast of growth rate in China, Brown said they are optimistic as the country's large market will take care of itself.

As central SOEs took proactive measures to tackle complicated economic situations both at home and abroad by expanding global market channels and adding expenditure on research and development, their net profit jumped 8.6 percent year-on-year to 703.77 billion yuan (2 billion) in the first half of this year, data from the SASAC show.

As a result, China has been stepping up efforts to keep a close eye on imported food and food-related industries at home.

As crossover branding is now a hot trend for many sectors across the world, Devialet, the French acoustic engineering technology specialist known for audio products including high-end speakers, unveiled its latest product – Phantom Reactor Opéra de Paris in China to further enhance its market presence.

As a socialist country under the leadership of the Communist Party of China (CPC), China adopts policies on freedom of religious belief based on national and religious conditions to protect citizens' right to freedom of religious belief, build active and healthy religious relationships, and maintain religious and social harmony, said the white paper published by the State Council Information Office, titled "China's Policies and Practices on Protecting Freedom of Religious Belief."