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As a new semester starts, children of migrant workers return home in Fuyang, Anhui province, after they spent holiday time with their parents in their workplaces.[Photo provided to China Daily]

As a leading country of technological innovation and application in the world, China has the capacity to lead the development of blockchain technology in terms of market scale, technology research and development and talent reserve.

As a result, A-share listed companies specializing in technology, electronics, telecommunications and industrial internet saw the most significant price slumps on Friday, according to information provider Wind.

As conventional investments like stocks, bonds and realty lost some of their allure due to reasons like risk, market volatility and low returns, WMPs and the like appear to be the preferred destination of investors seeking high returns, experts said.

As for Alibaba, it has reaped rewards from the steady growth of Tmall, its business-to-customer site.