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And it is not just the city's image that is being marred by the violence, the months of unrest have taken their toll on the economy of the Asian financial hub, especially its tourist and retail sectors. The Hong Kong Tourism Board said on Wednesday that the number of visits to Hong Kong in 2019 witnessed a year-on-year drop of 14.2 percent.

And the elimination of fraudulent companies from the market will improve the overall quality of Chinese listed companies. Consequently, stock prices may increase owing to the lower risk perception associated with Chinese companies.

And, it’s unclear if it’s all that necessary. Does Amazon need physical stores to remain competitive?

An online supervisory platform will be set up, which will provide house rental information, electronic rental contracts and applications, and supervision of transactions, the draft said.

Analysts said the next stage of China's fiscal reforms is to tackle the significant revenue and expenditure misalignments between the central and local governments.