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Apart from the Belt and Road countries, Moutai Group will focus on the African and Australian markets and build sales channels in more than 100 countries and regions within two years.

Ant Financial Services Group, operator of China's largest e-wallet Alipay, announced on Wednesday it will roll out a local commerce feature to better connect merchants and customers using big data analysis.

Ant did not disclose the size of its planned listing nor the timing. But the Hangzhou-based company is targeting a valuation of more than 0 billion, according to sources quoted by Reuters.

Apart from constant backing from the government and universities, more investment from the private sector is needed to facilitate the manufacturing of Hong Kong's high-tech anti-epidemic products, say experts.

Any senior living in the village can have a condo at the home for free when they reach 65. Most of them have moved to the 192 villas built by the village committee.