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As Chinese companies extend their reach abroad after achieving success at home, effective branding is shifting from a "nice to have" to a "business necessity" advantage amid overseas expansion.

Are you looking forward to the upcoming Shanghai LNG 2019 conference?

Apple's Cook did not hide his excitement from his visits to Chinese tech startups. He said China is already incredibly innovative in so many areas and there are apps and business models that could only have been created here.

Apple captured first place with 19 percent global market share, nudging Samsung into second position. Woody Oh, a director at Strategy Analytics, said China's Huawei Technologies Co maintained its third position with a 10 percent global smartphone market share, holding steady from the same level a year ago.

As China continues to push the yuan's internationalization, analysts expect the Panda bond market to expand further.