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As of the end of 2017, iQiyi, a Chinese-style Netflix, has 50.8 million subscribers. The company posted a net loss of 4 million on total revenue of .7 billion last year.

As more favorable conditions have emerged, it is high time for China's capital market to open even wider, Wu Qing, chairman of the Shanghai Stock Exchange, recently told Xinhua.

As of the end of 2018, outstanding non-principal guaranteed wealth management products stood at 22.04 trillion yuan, roughly the same as the end of 2017. Outstanding interbank WMPs dropped 62.57 percent year-on-year to 1.22 trillion yuan, demonstrating a significant reduction in idle funds, per a report jointly issued by the China Banking Association and the country's Banking Sector Wealth Management Registration and Trusteeship Center on March 29.

As of the end of June, overseas banks from 29 countries and regions have set up branches in Shanghai, with the total number of overseas banks amounting to 232, more than double the figure in 2001 when China entered the World Trade Organization.

As home to masses of manufacturing companies and a technology and innovation hub, Zhejiang plans to attract another 4,000 high-tech enterprises and 10,000 micro, small and medium-sized science and technology companies in 2020, according to provincial Governor Yuan Jiajun in his government work report at the annual session of the provincial people's congress.