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The report said that FDI flows to China proved "relatively resilient." In the first half, flows to the country reached billion, a 4 percent decline.

The report said Beijing is the third largest destination for venture capital funding－which surpassed 0 billion from 2016 to 2018, following San Francisco and San Jose, and is three to four times more than traditional financial centers like New York and London.

The renminbi exchange rate is approaching "clean floating"－an exchange rate regime without any government intervention and an exchange rate determined by market demand and supply, Huang Yiping, deputy head of the National School of Development at Peking University, and also a former member of the central bank's monetary policy committee, told China Daily in an interview on Monday.

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The remarks came after President Xi Jinping, also general secretary of the Communist Party of China Central Committee, vowed in a symposium to unswervingly encourage, support and guide the development of the nonpublic sector, and encourage private enterprises to develop more broadly.

The report compared the year 2000 with 2018, looking at eight indicators of a good childhood: premature death, stunted growth, education, child labor, early marriage, early pregnancy, child homicides and displacement.

The remark came after Beijing announced on Tuesday that Chinese companies have suspended buying US foodstuffs due to Washington's "serious violation of the consensus reached by the leaders of the two countries during their meeting in Osaka".

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The report said about 78 percent of the country's freight volume were carried by diesel-powered vehicles, which discharged over 60 percent of the country's total vehicle emissions. Shandong is home to over 1.72 million diesel-powered vehicles, accounting for 10.2 percent of the national total and ranking first in China, followed by Hebei Province.

The registration-based system, a market-oriented, new-share shares system, should be implemented across the whole A-share market in a step-by-step manner, the guideline said.

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The report came as the Paycheck Protection Program (PPP), a US government aid program intended to help small businesses retain their employees during the COVID-19 crisis, was set to close Tuesday with more than 130 billion US dollars left unused.

The report expects that the treasury bond issuance will hit a record high this year and it will lift the government's total debt ratio.