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The co-founder of the Quantum Fund, who is an unabashed supporter of fintech, said that traditional banks must invest heavily in technology-sector infrastructure development to improve their situation.

The company has not yet decided whether to go forward with the concept, though those who signed up to be Wal-Mart delivery drivers could get a discount on shopping as payment.

The collected funds should be used as soon as possible for earlier-prepared projects including infrastructure construction, pollution prevention and shantytown renovation. It could help to stabilize investment and strengthen domestic demand, the official said.

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The commission's regulatory function has gradually improved, with the supervision of capital becoming a major focus for the body, he added.

The company attributed the robust returns to rising infrastructure demand and the company's enhanced core competence.

The coach was en route from Chengdu, capital of Southwest China's Sichuan province, to Luoyang in Central China's Henan province.

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The commercialization of 5G will be beneficial to both consumers and enterprises. Because internet of things, which is based on 5G, is one of the several channel innovations in the process of digital transformation, Fu said.

The company also announced plans to establish its first overseas headquarter and R&D center in Dubai, located in District 2020, a venue that the expo area will be transformed into soon after the event is finished.

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The company doesn’t publicly disclose the actual number of Amazon Prime members, just saying it’s in the “tens of millions.” But one analyst estimated in September that there were as many as 60 million to 80 million Prime members globally before the holiday season began. Netflix, by comparison, reports 69 million members globally.

The company bought the Customs insurance on Tuesday helping it save capital costs and boosting the efficiency of imports, Wang said.