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And guess who fell off the list this year?

Anant Agarwal, CEO of online education platform edX and winner of the Yidan Prize for Education Development, is dedicated to helping aspiring students reach for things beyond their grasp. [WILLA WU / CHINA DAILY]

Analysts from Morgan Stanley Huaxin Fund Management Co Ltd wrote in a note that Chinese people will allocate more of their household assets to equity investment in light of the low interest rate at the moment. As the market sentiment stabilizes, additional capital will continue to flow into the A-share market, which will bolster the positive, long-term outlook for the A-share market.

And it was the smaller cities rather than the first-tier cities that attracted him the most, as he was impressed by the rapid growth there.

Analysts suggested more mergers and acquisitions are going to take place in the sector in the coming three to five years.