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China's top financial regulators, including the People's Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission and the State Administration of Foreign Exchange, conducted a joint regulatory talk with Alibaba's top management on Monday. Alibaba founder Jack Ma, Ant Group's chairman Eric Jing and the fintech company's CEO, Simon Hu, attended the meeting. Further details were not provided.

Chinese State Councilor and Foreign Minister Wang Yi meets with Vietnamese Deputy Prime Minister and Minister for Foreign Affairs Pham Binh Minh, Luang Prabang, Laos, Dec 16. [Photo/ Ministry of Foreign Affairs]

China, especially in the digital sphere, is moving to two credible "ecosystems"－Alibaba and Tencent－which are both trying to provide as wide a range of services as possible to customers, said Richard McKenzie, partner at global consultancy Oliver Wyman.

China's top securities regulator announced on Friday a plan to revise major regulations for the country's securities market.

China's recent announcement on changes to the existing residency registration system, or hukou, will support a more stable development of mid-sized cities in the country, as well as the housing market, said research from Fitch Ratings, a leading global rating agency.