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SAN FRANCISCO — Apple is expected to unveil its biggest and most expensive iPhone on Wednesday as part of a lineup of three new models aimed at widening the product's appeal amid slowing sales growth.

SHANGHAI - Online ride-hailing platforms Didi and Meituan were fined 5.5 million yuan (3,955) and 1.47 million yuan respectively in July for illegal practices.

SOFIA - Chinese Premier Li Keqiang on Friday called for enhanced cultural and people-to-people exchanges between China and Bulgaria to consolidate their traditional friendship.

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SHANGHAI - Great Wall Motor saw vehicle sales rise 8.65 percent year-on-year to 367,680 units in the first four months of the year.

SMEs' cooperation with domestic and overseas companies has been getting more support from central and local governments, with one being China's preferential policies to increase SME access to finances.

SAIC Motor has been exporting locally made Buick Envision SUVs to North America since last May.

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SHANGHAI -- Amid growing concerns about the decline of China's movie market, filmmakers attending the ongoing 22nd Shanghai International Film Festival (SIFF) expressed confidence, saying that its golden age has just begun.

SAIC Motor, the largest vehicle manufacturer in China, said Saturday it sold 433,000 vehicles in April, up 0.5 percent year on year.

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Russian President Vladimir Putin is expected to pay a state visit to China and attend the SCO Summit from Friday to Sunday. This is Putin's first visit since he assumed his fourth term as president in March and is the first meeting with President Xi Jinping this year, which, Wang said, is of "crucial importance" so the two leaders can formulate the next stage of development of China-Russia relations.

Russian President Vladimir Putin confirmed on Friday that he has invited his US counterpart Donald Trump to Moscow for a second face-to-face meeting and that he was ready to come to Washington.