Online retailers and social networking platforms have been integrated with pictures, video and live broadcasting.
Other staple food supplies, such as vegetables, eggs, meat and dairy products can also be guaranteed in Wuhan, said Li Qiang, an official with the city government.
Others with the most potential among the 31 regions in the Chinese mainland are Hebei, Hunan, Anhui, Yunnan, Guangxi, Hubei and Jiangxi.
Only one out of the nine peer-to-peer lending companies in China might be able to survive as top financial regulators are stepping up the pace of scrutiny to curb risks caused by the massive unregulated sprawl in the past few years.The central government plans to maintain "pressing posture of severe attack" to clamp down on activities violating laws and regulations in internet finance, extending the ongoing nationwide crackdown for another year, Pan Gongsheng, deputy governor of the People's Bank of China, the central bank, said during a meeting on Monday.The two-year cleanup of the industry was necessitated by a series of scandals that saw investors lose huge amounts of money.His comments echoed earlier remarks by Sun Guofeng, head of the research institute of the central bank, who warned that financial risks are now spreading from traditional sectors to the emerging fintech sector, increasing the risks associated with online cross-region loan operations."Regulators at local levels should adopt new technology such as cloud computing to enhance capabilities in protecting against and resolving cross-market financial risks," he said, during the Bund Summit on Fintech held over the weekend.Having witnessed growth at breakneck pace for years, large number of peer-to-peer lending companies have reaped profits as the nation has "no appropriate regulation in place," according to Huang Yiping, head of institute of digital finance of Peaking University .Many companies may find it hard to survive in the coming months amid the strong push to clean up the sector coupled with pressure from the recent liquidity crunch and an expected large amount of withdrawals.But some experts consider such a scenario expected and normal."The number of companies may shrink to only around 200 to 300," said an expert with a leading internet finance institute, who preferred to remain anonymous.Of the more than 6,000 online lending platforms, only around 1,800 were still in operation at the end of June, according to Online Lending House, an online lending data provider.Internet finance will remain a feasible option to match investors and borrowers, but there should be a transition after the industry expanded at fast pace for long, according to Tang Ning, CEO of CreditEase."Investors should also make a switch while making investments-from past addition to short-term, high yielding products to building long term, balanced portfolios," he said.
Online shopping users and online retail continue to grow thanks to a broader access of mobile internet. In the first three quarters, the online retail sales in East China's Zhejiang province increased by 23.8 percent, and its local residents online consumption reached 555.1 billion yuan, up 25.3 percent. The online retail sales by wholesale and retail businesses above designated size in East China's Fujian province saw a year-on-year increase of 22.4 percent.
Other experts also had their say on financial literacy. Guan Qingyou, president of Reality Institute of Advanced Finance, said knowledge consumption is upgrading as public interest is shifting from pan-financial and social hot spots to professional financial and economic knowledge. Wu Yanran, professor at Beijing Normal University, delivered a speech about his investor sentiment index designed to measure the degree of market speculation.
泛目录租赁
Other festival events include panel discussions, lectures and film previews that will explore more topics in US-China relations.
Only 25 new cases were reported on Monday, bringing the total to 10,537. The country's daily number of new cases has been below 50 in the past five days.
Online transactions through non-bank payment platforms came in at 31.49 trillion yuan, rising 34.9 percent from the same period last year.
Others have suggested Amazon open source the TenMarks Math and TenMarks Writing code.