The region is also maintaining price stability of much-needed medical equipment and supplies including masks, disinfectant, medicines and thermometers.
The report said the expansion will be underpinned by the stable recovery of the world economy, and sustained demand in the domestic market as supply-side structural reform advances.
The report also shows that about 23 percent of research resulted from international collaboration. In the US, 26 percent of science and engineering publications are from collaboration, and China is the top collaborator of the US.
The regulator said it will continue to uphold the underlying principle of pursuing progress while ensuring stability, and will further raise financial institutions' quality and efficiency to serve the real economy.
The report also found various consumer activities such as discovering new products and making purchases are appearing on social media platforms.
The report found positive changes in elderly care, said Cheng Feifei, director of the institute, adding that at least half of the surveyed families were neutral or supportive of elderly care services.
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The report said the top 10 sources of inbound travelers in 2018 were Hong Kong, Macao, Myanmar, Vietnam, Taiwan, South Korea, Japan, the United States, Russia and Mongolia.
The regulator's plans to relax provisioning requirements and broaden the scope of eligible capital instruments provide greater scope for banks to migrate non-loan and off-balance-sheet assets into loans. The lower provision requirement would also allow banks to accelerate loan impairment recognition, said the international credit rating agency Fitch.
The regulation, which will come into effect on Dec 1, was passed by Guangdong's Provincial People's Congress on Sept 30 after a number of disputes about seating on trains made national headlines.
The report also noted about 100 Chinese exhibition organizers held more than 1,540 exhibitions in 70 countries in 2017, an increase of 3.82 percent year-on-year.