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Chinese internet giants and unicorns (young unlisted companies with a market value of over billion) have also become more influential globally. The report said China grabbed five spots at the ranking of world's top 10 internet listed companies in market value as of June 30. Alibaba and Tencent closely followed Google, Amazon and Facebook.
Chinese government will launch a series of new measures to boost investors' confidence in capital market, according to China's top securities regulator.
Chinese companies and individuals are awaiting the unveiling of a more aggressive tax cut plan, which could be soon and aims to lower business costs and reserve more income next year.
Chinese firms are expected to see issuance in overseas markets
Chinese consumer confidence has reached a 10-year high, with the "post-90s" generation emerging as the next engine of consumption in the country, said a research report of McKinsey & Company released in Shanghai Thursday.