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Last year, more than 1,000 illegal villas were demolished or confiscated at the foot of the Qinling Mountains in Shaanxi province, and many officials involved were held accountable for either corruption or failing to respond to the situation.

Last month, the company partnered with the country's largest payment provider China UnionPay and its subsidiary UnionPay International to offer cross-border mobile payment services for Hong Kong people, allowing them to use WeChat Pay HK on the mainland.

Last year, China sought to cool the overheated market through yearlong stringent housing regulations, including a stricter ban on home sales and tougher access to mortgages.

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Last year alone, 2,482 Hong Kong companies, with an investment of 314 billion yuan, settled in Qianhai.

Last year, Ctrip said it plans to provide more support to entrepreneurs and startups, and local tour guides stand as an important part of that strategy. It noted the micro firms have location advantages and flexibilities, but lack customers, financial support, and brand marketing channels.

Last month, the European Competitive Telecommunications Association also expressed similar concerns. The association, which represents more than 100 of the leading telecom operators and digital solutions providers across Europe, said "it denounced any bans on Chinese 5G suppliers for geopolitical reasons" and emphasized that "such decisions can only be justified on the basis of well-established facts".

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Last year, San Francisco-based Juul Inc, the biggest marketer of e-cigarettes, stopped selling popular fruit-flavored e-cigarettes in retail stores, but continued to sell them on its age-restricted website.

Last year, Industrial and Commercial Bank of China Ltd, the country's largest State-owned commercial lender by assets, invested 16.37 billion yuan, or about 2 percent of its operating income, in financial technology. The number of fintech personnel reached 34,800 at the bank, accounting for 7.8 percent of its total headcount.

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Last year, cross-border e-commerce transactions in China reached 6.3 trillion yuan (4 billion), an increase of 23.5 percent year-on-year, indicating a huge demand among Chinese consumers for high-quality daily necessities, according to data provided by iiMedia Research, a market consultancy.

Last year, Tourism Vancouver signed a pioneering technology deal with Chinese internet giant Tencent to attract more tourists from China, the world's fastest-growing travel market.