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An said related mainland authorities and Fujian province have been doing all that they can to push forward related infrastructure connectivity projects and have made phased progress.

Anhui, Yunnan and Jiangxi provinces were the mainstay of the domestic consumption rise, with annual growth rates of 11.1 percent between January and March this year, according to data from the National Bureau of Statistics.

An online platform for epilepsy care goes online on JD.com on Friday to help patients get medication and services. [Photo provided to chinadaily.com.cn]

Analysts say the IPOs will help the three startups, Nio, Li Auto and Xpeng, to get a better foothold as competition in the Chinese market is heats up.

An over-allotment option for major underwriters has been specified in the new guideline, under which the underwriters are required with detailed rules regarding information disclosure, keeping trading records and making related arrangements. The major underwriters are not allowed to sell the shares that have been bought to stabilize stock prices under the over-allotment option mechanism.