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As of the end of 2016, there were still 43.35 million Chinese living below the country's poverty line.

As part of the world's most popular international public goods, the initiative on the construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road (the Belt and Road Initiative), proposed by Chinese President Xi Jinping in 2013 to enhance international trade, infrastructure and financial cooperation among others, forges a new platform for fresh sources of economic growth and shared prosperity opportunities for other countries.

As part of this partnership, three Michelin-starred chefs in Shanghai have been commissioned to create nine recipes using imported foods sold on Tmall such as New Zealand salmon and Australian wagyu beef. Supported by instructional cooking videos, the recipes have been specially designed for the country's young and tech-savvy households who value home cooking as a healthier, instead of cheaper, alternative to eating out or ordering in.

As of Jan 19, nearly 30 banks had announced their plans to establish asset management or wealth management subsidiaries.

As part of the settlement, Qualcomm will also end litigation with Apple's contract manufacturers.