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The fundraising scale for the Beijing-Shanghai High-Speed Railway Co Ltd is only second to that of the Postal Savings Bank of China's IPO, according to the report.

The government will continue to cut taxes for businesses to give full play to the role of the market and encourage mass entrepreneurship, he said.

The government will launch guarantee funds to support private companies and increase banks' willingness to offer loans to private companies, Ma said. Money supply to capital markets would improve in the short term, as sources of capital such as wealth management funds of commercial banks and insurance companies enter the market. Some local governments have also started to provide liquidity support to listed companies, and this will help ease the capital pressure they face, he said.

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The future landscape is filled with challenges arising from the COVID-19 outbreak, the global economic downturn and the fierce insurance market competition. However, the insurance sector also bears great potentials, and is undergoing profound shifts and forming new patterns, thus presenting great opportunities. China Re Group will follow the strategies of "platform operation, technology advancement and globalization", firmly adhere to effective development, meet market benchmarks, keep the bottom-line of risk compliance and continue digital transformation, implement the operation strategy of "stabilizing growth, optimizing structure, controlling risk, and improving profitability", while striving to achieve the "One-Three-Five" Strategy，high-quality development and sound growth in overall value, to deliver more value for China Re Group's customers and shareholders.

The fund entered into a cooperation agreement with 10 investment institutions on Sept 3. To enlarge the scope of the fund, the subsidiaries have joined hands with BOCOM branches in Jiangsu province, Chongqing municipality, and Shenzhen, Guangdong province, to initiate the establishment of regional sub-funds worth a total of 400 million yuan.

The ginseng board also is concerned that China might find other markets.

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The four said they would not appeal.

The global economy will find a new driver of growth fueled by continuous improvement of digitization and intellectualization, with digital technology showing huge potential for development, said Chen Shengqiang, CEO of JD Digits, a leading Chinese digital technology company.

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The gold price rose from 0 per ounce in 2000 to ,200 per ounce by the end of 2016, enjoying about 300 percent growth, while US properties gained 75 percent, Li added.

The government is also working on systems to share and check civilian drone registration data.