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Co-produced by iQiyi and Huanyu Film, The Story of Yanxi Palace gained a huge following among Chines netizens in recent months. IQiyi claimed the hit drama had gained more than 15 billion online views and it is available in more than 70 markets across the globe, making it one of the most widely distributed series produced in China.

Companies pointed to high certification/registration fee, long processing time and tough requirements as the common obstacles.

Companies of a certain scale that possess promising growth potential will be the first to benefit from the new initial public offering platform, but definitive thresholds have not been hammered out and listing requirements are still in the works, sources said.

Coal companies in Shanxi, a key coal producing province in China, have made remarkable progress in shifting from heavily polluting coal mining to clean and efficient use of the nonrenewable resources.

Companies should consider environmental, social and corporate governance, or ESG, to bring benefits to local people while doing business abroad.