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To date, market regulators have investigated five price-hiking cases on the fabric and transferred about 250 cases on non-contact digital thermometers to the police.

To fulfill the 2020 target, China will focus on formulating technical standards for crucial elements of the industry, including internet resource management and industrial big data.

To further enhance the financial sector's ability and will to serve the real economy, policy coordination should be strengthened, monetary policy transmission channels should be unblocked and monetary policy tools and mechanisms should be innovated, the report said citing several experts' opinions.

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To achieve the goal, the zone has formulated 10 major measures, including establishing a Qianhai industry promotion center and expanding investment guidance funds of no less than 5 billion yuan in 2020.

To achieve these goals, lenders such as China Zheshang Bank have launched creative financial solutions and services for green companies.

To date, Chinese companies have established over 680 branches in the Netherlands and created over 15,000 jobs for local residents. Bank of China, Industrial and Commercial Bank of China, and China Construction Bank have also expanded their businesses in Netherlands, according to Bas Pulles, minister and deputy head of mission at the Embassy of the Kingdom of the Netherlands in Beijing.

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To build a "digital Xiongan", the BOC has invested nearly 20 million yuan to build an "information integrated management platform" to achieve seamless docking of government monitoring, project management and financial services.

To address this problem, the reform took a double action.

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To be sure, this arrangement, in itself, may not be adequate to fully aid the country's increasing efforts to support high-tech companies. After all, tech firms frequently use dual-class share structures to protect founders' control over the company when seeking equity financing. When it comes to reporting profits, that depends on the company's business model and its development stage.

To date, FitTime has gained a following of nearly 15 million people, and about 1 percent of them are customers who are willing to pay to view the latest fitness videos on a monthly or annual basis. Ling and his team have produced about 1,000 original videos since the app's inception.