The professor was referring to subsidies mainly offered by online ticketing platforms to make ticket prices lower in order to attract audiences.
The profitability of listed companies offers insight into broader economic performance, analysts said.
The program will host online and offline education activities, providing prospective mothers with a knowledge of prenatal and postnatal care over the next four months.
The program is not the only measure the province has adopted to pressure defaulters to stop shunning repayment.
The private sector in China, which is mainly composed of SMEs, now contributes more than 50 percent of tax revenues, and over 60 percent to GDP.
The projects also bolster cash crop farming by offering much-needed farmlands, injecting momentum into sweeping poverty relief efforts in one of China's least developed regions.
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The projects are of great importance to the Belarusian government's development plans, which China is looking to bolster, particularly through the Belt and Road Initiative.
The program is jointly organized by the Guangdong Office of Hong Kong and Macao Affairs, the Hong Kong Special Administrative Region's Home Affairs Department and the Commission on Youth.
The projects have helped 70,000 villagers raise their incomes to above the provincial poverty line, according to the CNTA.
The problem for Australia is that it appears reluctant to draw from its Asian neighbors, such as Singapore, on how to work with China while at the same time retaining its security ties with the US.