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Ant Financial Services Group announced on Wednesday that it will allow third-party financial institutions to set up virtual shops through an indigenous app, another push to vie for supremacy in the country's booming online financial sector.

Another heavy hitter to appear virtually at the convention program was former president Carter, who also noted that the country deserves a leader with integrity and judgment, someone who is "honest and fair".

Apart from chips, the domestic memory industry is also on the rise. At present, Samsung, Toshiba, SK Hynix and SanDisk hold a combined 85 percent share in the global flash memory market, and domestic brands only account for 8 percent. However, 70 percent of global demand for flash memory chips comes from domestic companies, so there is huge growth space for domestic chip makers.

Apart from digital transformation solutions, the company also vowed to construct industrial internet platforms, with a focus on regional development of industry. It also pledged to unveil innovative plans based on industrial scenarios combining big data and AI.

Ant Group's debut on the Shanghai and Hong Kong exchanges was scheduled on Nov 5. It was poised to raise .4 billion via the IPO at the STAR Market, hitting a record and surpassing Saudi Aramco's .4 billion listing last year.