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As a result, risk management must make transitions along with the corporate banking business. The transitions will include the implementation of digital transformation through financial technologies to strengthen post-loan management and build early warning systems for financial risks, Tong said.

As a part of the report this year, information on the Shanghai Municipal Big Data Center, which was established in 2018, and its functions as a one-stop service platform was included.

As for the industrial sectors, Wang said that in the past high-tech enterprises might have only developed in a single area, such as medical treatment or education. Now, however, there were more cross-industrial enterprises.

As a UNESCO World Heritage site and the world's largest surviving wooden architectural compound, it houses more than 1.86 million cultural heritage items, most of which are art pieces and daily-use articles.

As a major chili producing area, Zunyi has more than 133,000 hectares under cultivation. It boasts 120 chili cooperatives, 70 chili product processing companies, 40 chili planting companies and more than 50,000 chili farmers.