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The reported billion fundraising by JD Finance, the financial arm of China's second-largest e-commerce player JD, could pave the way for the subsidiary's eventual listing, according to experts.

The rise in new cases is attributed to the government's efforts to ramp up samples testing. Wednesday marked the fifth day that more than 1 million tests had been carried out.

The resignation of the 65-year-old former CEO of Exxon Mobil is the biggest shakeup of the Trump Cabinet so far.

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The retention period for business data stored by platforms will be extended from two years to three years, according to the document.

The representation of female CPC members and members from ethnic minority groups is also rising, reaching 24.1 percent and 11.5 percent of the total respectively.

The rest of the top 10 include the Industrial and Commercial Bank of China (ICBC), China State Construction Engineering Corporation (CSCEC), Ping An Insurance Group, China Construction Bank (CCB), SAIC Motor, Agricultural Bank of China (ABC) and China Life Insurance Group.

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The revised Securities Law passed on Dec. 28, 2019 by the National People's Congress (NPC) Standing Committee has profound implications for the Chinese capital market with similarity of U.S. Securities Act of 1933 and the Securities Exchange Act of 1934, said Henry Huang, professor of the Sy Syms School of Business at Yeshiva University.

The rides along the California Highway 1 during Stage Eight of the 2013 Amgen Tour of California from San Francisco to Santa Rosa on May 19, 2013 in Stinson Beach, California. [Photo/VCG]

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The respondents' favorable perception about Chinese enterprises was higher than those from the US (71 percent) and France (62 percent), but lower than those of Japan (84 percent) and Germany (80 percent), the report showed.

The rising indexes show that the effect of China's supply-side structural reform and environmental protection measures on production can be offset by growth in consumption and exports, said Zhang Yiping, an analyst with China Merchants Securities.