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Ant said in a report last month that one in four consumers aged between 18 and 27 use pay-by-credit services Ant Check Later, translating into 45 million young adults using the "money of tomorrow" for discretionary purchases. The report also found that customers born in the 1990s constituted 47.3 percent of the platform's 100 million registered users.

Another example is the new energy vehicle industry, cited by the report, which blames China for nurturing its own firms while blocking access for foreign firms.

Ant is also involved in shaping China's digital currency architecture, according to the filings, which stated it is "one of a number of powerful commercial institutions" that the People's Bank of China, the central bank, summoned in late 2017 to develop the digital currency system.

Another road between the Universal Resort and the city's East Sixth Ring Road is also under construction, and is expected to be finished by November. Together with other roads, there should be plenty of choices for public transport around the area.

Apart from the living allowance, China is gradually extending the coverage of orphans' security to medical and educational aspects, Guo noted.