The remarks were part of Trump's second State of the Union address and his third speech to a joint session of Congress but the first facing a divided Congress.
The report said the passion of 453.8 million viewers was set to create a market worth an impressive .1 billion in 2019, up by 26.7 percent year-on-year, and the figure is tipped to hit .8 billion by 2022. More than 80 percent of the total market will likely come from brand investment, including media rights, advertising and sponsorship, the report said.
The report is based on the Executive Board of the IMF the Article IV consultation with China, which was concluded on July 31, 2019.
The report calls on all of the companies to adopt an emerging standard of measurement called Carbon Usage Effectiveness, which Greenpeace calls a more meaningful measure than the traditional Power Usage Effectiveness, on which data center operators traditionally focus.
The remarks came on the day when farmers across the country were protesting against the three new farm laws by blocking major highways connecting Delhi with cities in other states.
The report has found that local retailers have embraced the online-to-offline services to build extreme convenience in the shopping experience.
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The region's economy recorded 5.1 percent growth last year, driven by strong domestic demand and investments.
The report said there were 940 million internet users in China by the end of June, with about 381 million using it for educational purposes, 276 million for medical care and 199 million using it to work remotely. The number of hosts and viewers of e-commerce livestreams reached 309 million, up 44.3 million compared with three months earlier, it said, adding that it was the fastest-growing internet application.
The report said a number of listed companies have been rolling out the application of NB-IoT.
The report called for more efforts to promote the development of IT-based infrastructure in the tourism sector, speed up the construction of 5G networks and expand the coverage of wireless networks.