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Among the 10 most profitable gaming companies globally last year, two are from China, including Shenzhen-based Tencent and Guangzhou-based NetEase, according to mobile market monitor Newzoo.

Among others, the observer said many weak nations have been trapped in the old order because they are raw material-producing countries and lack the means to achieve modernization; meanwhile, China is ready to share its advanced technology, like high-speed railway technology, with these countries.

Among the 50 cities with highest GDP, 11 recorded a GDP above one trillion yuan, namely Shanghai, Beijing, Shenzhen, Chongqing, Guangzhou, Suzhou, Chengdu, Hangzhou, Nanjing, Wuhan and Tianjin. The top 5 surpassed 2 trillion yuan each.

Among the 214 applicants, 25 have seen their review process terminated, with some revoking application after failing at on-site supervision or letter of inquiry. One other company was denied registration.

Among them, Huanghe Hydropower Development Co, a subsidiary of SPIC, gained eight strategic investors and raised funds of 24.2 billion yuan (.45 billion).