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As evidence of the country's consumption power, China's major online shopping platforms shattered records during the recent Singles Day shopping spree.

As banking business innovations continue to increase, non-credit obligation assets now account for a fairly large proportion of banks' total assets. As a result, the previous methods of asset quality classification, which mainly aim to disclose nonperforming loans, no longer describe the current features of bank assets.

As for the other applications the court received, it did not disclose whether they are filed or not.

As an emerging power, China will shoulder its due responsibilities in the Middle East but it has no selfish interests in the region, Gong said in the interview.

As a frequent participant of the Canton Fair, Midea Group promoted digital transformation four years ago and they would like to combine their previous experience with the new model of a digital fair to explore new digital possibilities for "smart manufacturing in China" to go global, said Fang Hongbo, chairman of Midea Group.