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The companies were urged to fulfill their social responsibilities as enterprises, and attach significance to both economic and social benefits at the same time.

The companies must immediately implement the new standards in new or expanded projects.

The combined efforts further improved the bank's competitiveness in terms of technology. The number of its mobile banking users reached 361 million by the end of 2019, up by more than 47 million year-on-year, the fastest rate of growth in the last three years.

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The company has completed eight rounds of pre-IPO fundraising, receiving 958 million yuan (6 million) from institutional investors, including Sequoia Capital China, which holds a 4.96 percent stake.

The claim that "only 17 people live in poverty" in the coastal province of Jiangsu - one of China's wealthiest regions - has sparked online discussions over the veracity of poverty figures and how to define "poverty".

The company has more than 80 employees so far, and the number is expected to triple this year, spurred by business growth to increase the quality of services, Brad Lee told China Daily in a recent interview.

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The comments came after Xi, also general secretary of the Communist Party of China Central Committee, said the private economy is an essential element of China's economic system, and that "private enterprises and private entrepreneurs belong to our own family".

The cloud investment reflects the strengths Alibaba and other dominant digital players are experiencing, with the shifting online of many activities during the pandemic, said Duncan Clark, founder of business advisory firm BDA China.

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The committee also includes the deputy heads of 24 State Council departments, including the National Development and Reform Commission, the Ministry of Industry and Technology and the General Administration of Customs, according to the notice.

The company did not say whether employees would be fired if they failed the tests, The Paper reported. One employee told The Paper that rewards and punishments for employees were determined based on their performance, and dismissal was also part of the company’s rewards and punishments system.