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By eliminating excessive fees, the banking sector saw an increase of 44 billion yuan in revenue concessions in 2017 from a year earlier, Wang Zhaoxing, vice chairman of China's top banking and insurance regulator, said at the press conference.

By using big data and digital technologies, Polaris will find asset allocation solutions based on real-time market and financial product conditions. Its investment portfolio covers 12 asset categories worldwide, including securities and bonds in mature markets overseas and emerging markets.

By controlling more of its shipping process and infrastructure, the company is not only able to reduce costs but is also opening up opportunity to offer shipping capabilities as a service for other retailers, somewhat akin to the Amazon Web Services business model.

By stressing opening-up twice, the statement released following the high-profile meeting implied more related policies are in the pipeline for next year, according to Hua Changchun, chief economist of Guotai Junan Securities.

CGN is China's largest nuclear power plant operator and world's largest nuclear power plant constructor. Countries including Thailand, Indonesia, Kenya, Czech Republic and Malaysia have developed strong interest in CGN's third-generation nuclear power technology.