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Banks will be supported in making specific plans on inclusive-finance loans and setting up incentive funds, the statement said. Innovation will be encouraged for operations such as mid and long-term fixed asset loans for small and micro-businesses, mortgages for new agricultural businesses and financing for poverty relief, it said.

Bankers also said Ant Financial's latest round of funding had paved way for its IPO as early as this year, but the company's profitability has been eroded since then as it has been locked in the competition with the payments arm of Tencent for the Chinese market share, according to the report.

Barclays analyst Ross Sandler wrote in a note to clients, “AMZN is likely to be one of the first trillion-dollar market cap companies; it’s just a question of when, not if, in our view.” He cited the company’s moves in consumer internet, the cloud, enterprise technology, the Internet of Things, and video.?Loop Capital similarly initiated coverage on Amazon with a price target of ,100/share, according to Marketwatch.

BUDAPEST - Hungarian Prime Minister Viktor Orban and visiting Chinese State Councilor and Foreign Minister Wang Yi met here on Friday, pledging to deepen cooperation and boost bilateral relations.

Bao Chengke, deputy director of the Cross-Straits Communication and Regional Development Institute at East China Normal University in Shanghai, said at present the residence card can guarantee some basic needs.