The report on the enforcement of the Charity Law was submitted on Thursday to the ongoing session of the National People's Congress Standing Committee.
The remaining 30 billion yuan investment came from bank loans, according to Su Yi. The money will be paid back from bridge tolls over the next 30 years.
The remarks came after a press conference on Thursday night by the National People's Congress, China's top legislature, ahead of its annual session in Beijing.
The report concludes that the US continues to lead globally in R&D expenditures and in the number of highly cited research publications. At the same time, other nations, particularly China, are rapidly developing their science and engineering capabilities. As a result, the US is playing a less dominant role in many areas of science and engineering activity.
The report also said the figures indicate small and medium-sized banks have attached great importance to digitalization, but the performance of their e-platforms has not been that satisfactory.
The report noted that Alibaba, Tencent and JD.com have "staked out claims" in China's real estate industry in recent months, investing in apartment rental startups or preparing to launch their own home rental services.
中山痔疮发病原因
The report added that M1 thus increased 0.7 percent from one month earlier, and quasi-monetary liabilities also rose 0.5 percent. The sum of these two items, i.e. M2, increased 0.5 percent to 591.5 billion patacas (about .5 billion).
The report said China's themed publications and mainstream media outlets witnessed growing influence in the year.
The regulator took control of Anbang Insurance Group on Feb 23, 2018, after its business operations were found to be in violation of regulations and laws.
The report said Chinese travelers prefer convenient and safer foreign destinations and the Philippines was among top 10 destinations for Chinese travelers in 2018.