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Apart from ramping up efforts to support small businesses, the regulator also highlighted the importance of implementing policies for the further opening-up of China's financial market.

Apart from the traditional "Made in China" tags found on store shelves, high-speed trains and semi-conductors are becoming the new symbols of Chinese manufacturing.

Ant Financial Services Group, the online finance firm backed by billionaire Jack Ma, will extend its online consumer credit service to four million retail businesses across the country to boost sales and encourage spending－as China's consumers increasingly feel more comfortable shopping with borrowed money.

Anti-government rioters' recent violent acts are one step closer to terrorism, a police spokesman said on Thursday. The remark by John Tse Chun-chung, chief superintendent of the Police Public Relations Branch at a media briefing, came as Hong Kong endured the fourth consecutive day of widespread vandalism to the city's transportation systems and university campuses, as well as indiscriminate attacks on people in Hong Kong.

Ant Financial, the financial services arm of Chinese mainland e-commerce titan Alibaba Group Holding and operator of the world's largest online payment app Alipay－entered the Hong Kong market with AlipayHK mobile wallet in May this year.