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China's IT and software segment has been gaining momentum in the past few years. According to data from the Ministry of Industry and Information Technology, the software industry hit 3.95 trillion yuan in market scale in the first eight months of this year, up 14.8 percent year-on-year.
China's auto market, which was hit hard by the COVID-19 epidemic, started to recover in April thanks to unleashed pent-up demand and supportive policies.
China's State Grid and oil giant Sinopec Corp were second and third, with revenue reaching 5 billion and 8 billion, respectively, in 2016.
China will provide a broader market for global investment and protect the rights of foreign investors, according to administration spokeswoman Wang Chunying.
China will improve the revision work of the central bank law in 2020, and strengthen legislative work in key areas such as taming illegal financial activities, said Wang Jingwu, head of the Financial Stability Bureau at the People's Bank of China, the central bank, in an interview.
来源：资阳报