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Anthony Tan, Group CEO and co-founder of Grab, said the new capital would also be used to accelerate the application of its GrabPay mobile payment service in Southeast Asia.

Ant Financial said in a statement that apart from mobile payment, Alipay's many in-app lifestyle features and third-party insurance products are among the traits that drew the attention of CKH. Currently, Hong Kong users can easily buy travel insurance and accident insurance from mainland insurance companies such as Ping An and China Life through AlipayHK.

Another challenge Chinese companies face in the US market is barriers on immigration, which 42 percent of respondents cited as a key area of concern for future growth, showed the survey that assessed around 200 Chinese enterprises in the United States.

Apart from its vast range of utilitarian purposes, bamboo also produces bamboo shoots, a uniquely Chinese ingredient seldom seen in other cuisines.

Annual free physical examination in villages started in 2009, as part of a national basic public health services project.