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The ministry's move comes close on the heels of the recent State Council guideline, which vowed a raft of measures to bolster growth of the platform economy. The business climate will be further optimized and the approval procedures for new platforms will be further streamlined, it said.

The move announced on April 17 aims to create a sound environment for high-quality growth and supply-side reform, according to the People's Bank of China website.

The nation's top economic regulator has held a closed-door meeting with major banks to finalize a draft guideline aiming to lower small companies' borrowing costs, according to people familiar with the matter.

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The move is in line with the US banking group's global strategy of expanding the proportion of its consumer banking business, which is the key segment that is driving higher returns for other major banks including JP Morgan and Bank of America.

The move is expected to contribute to the ongoing poverty reduction campaign, especially in Tibet's one township and 12 villages that still lack access to roads, according to the regional department of transport.

The moves all came as the concept of the internet of things is finally starting to be materialized, with more devices now connected to the network and becoming intelligent in "communicating" with each other.

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The most direct reason behind the continuous rise on the STAR Market was the chase for new stocks by investors, which would bring a relatively large amount of capital, just like when ChiNext, China's NASDAQ-style board of growth enterprises, launched, according to Liu Xiaodan, chairwoman of Huatai United Securities, during an interview with CCTV Finance.

The move comes after a series of child abuse cases shocked the public in the past few months. Li said child protection is a "huge social project" that requires direction from the government and the participation of families and social forces.

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The museum, located in New York City, will help the teamaker bring herbal tea culture, with a history of 190 years, to the United States, according to a senior executive of the company.

The move marks TME's latest step in building an internet-enabled, technology-driven ecosystem that revolutionizes the way music is consumed, according to Lu Zhenwang, senior internet analyst from Shanghai-based Wanqing Consultancy.