The report noted that China plays an increasingly important role in facilitating Belt and Road countries' economic development by deepening trade ties, improving cooperation mechanisms and expanding areas of cooperation.
The regulation was approved in a State Council executive meeting on Dec 5 and is the first such document to be adopted after the Ministry of Emergency Management was established in March last year to oversee emergency responses nationwide.
The remarks also came after the MIIT's Vice-Minister Xin Guobin said in an interview with Xinhua News Agency that the country's industrial economy showed sound recovery since the second quarter of this year.
The removal of policy barriers is part of the National Development and Reform Commission and the Ministry of Commerce's new "negative list" that eased restrictions in various sectors including banking, automotive, commodities and agriculture.
The report found that sales of nutritional supplements from South Korea increased 35 percent in the 12-month period ending in the second quarter of 2019, whereas the value of biscuits from Singapore surged by 22 percent during the same period.
The regulator expressed confidence that China's international payments will continue in a balanced manner, given the sound performance of the current account and "the rather large room" for the nation to attract mid to long-term capital.
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The report delves into the group of "guoxue youth", users aged under 36, who have subscribed to a guoxue channel on the Particle Information app. Within this group, users born in the 1980s account for nearly half with a significant 48.46 percent, followed by those born in the 1990s, with 32.47 percent.
The registration-based IPO mechanism, which was first experimented with at the STAR Market, also applies to companies' mergers and acquisitions. Therefore, HYC only had to obtain approval from the Shanghai Stock Exchange and register with the China Securities Regulatory Commission for its latest acquisition.
The report released by the association cited that besides rapid replacement, the lack of disposal channels results in low trading volume of the second-hand new energy vehicles.
The report pointed to the headway being made from Chinese authorities' measures to cope with the economic impact of the virus nationwide and expressed confidence in the revitalizing of the world's second-largest economy as it deals with the challenges ahead.