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As more Chinese people travel abroad during this year's summer holiday, the boom in mobile payments has reached several countries, according to latest data from the nation's leading mobile payment service.

As of the end of September, total assets of the three policy banks reached 25.12 trillion yuan (.79 trillion). The banks extended loans of 1.42 trillion yuan to projects related to the Belt and Road Initiative, which aims to promote the connectivity of the Asian, European and African continents and their adjacent seas, and 2.36 trillion yuan to support Chinese companies going global.

As per the list, the top 10 Chinese cities are Shanghai (1.74 trillion yuan, 1.62 billion ), Beijing (1.62 trillion yuan), Shenzhen (1.26 trillion yuan), Chongqing (1.12 trillion yuan), Guangzhou (1.1 trillion yuan), Suzhou (905 billion yuan), Chengdu (830 billion yuan), Hangzhou (739 billion yuan), Nanjing (661 billion yuan) and Tianjin (631 billion yuan).

As many as 12 State-owned companies－including China National Petroleum Corp, China Petroleum and Chemical Corp (Sinopec), China Energy, China Baowu Steel Group, State Grid Corp of China, China Huaneng Group Co Ltd, State Power Investment Corp Ltd, China Three Gorges Corp, China National Nuclear Corporation and China General Nuclear Power Group－are all actively laying out their hydrogen plans, believing the cleaner fuel will become a vital sector in the long run.

As market participants await more detailed rules for the Shanghai technology innovation board to come out, rules to relax the listing requirements of the ChiNext board in Shenzhen are in the pipeline.