The relocation would also help avoid the rising labor costs in Xiongan, which have almost doubled since last year, Liu said.
The report also found 36.6 percent of users surveyed are willing to pay 101 to 200 yuan a month for K-12 e-learning products.
The renovation of pedestrian streets must be led by local authorities and be in line with market principles and consumer choices, he said.
The regulator expanded the number of provisions of the regulation from 37 to 94 and laid out detailed rules to strengthen regulations on issues including the qualification for insurers' shareholders, ownership structure and fund authenticity.
The relationship between San Francisco residents and Chinese people has been very strong "because we have 20 to 25 percent of the population that have their ancestry from China," said Yee, a Chinese descendant.
The renminbi came on stage right after the 2008-09 Global Financial Crisis. Zhou Xiaochuan, then governor of the People's Bank of China, the central bank, put forward the idea of super sovereign reserve currency and suggested a rethink of the international monetary system where a single currency dominated. This idea was in line with the discussions to improve the existing international reserve currency system, such as the reform of the Special Drawing Rights or SDRs of the International Monetary Fund.
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The remarks came after the second and the third largest telecom operator in the country announced in a rare move on Monday their cooperation on building and sharing 5G network infrastructure.
The region will step up security measures in key areas and border areas as well as enforce internet management to maintain social stability in Xinjiang, which remains complicated, he said. It will further rely on technology to enhance frontline border control and improve infrastructure in border areas, such as improving road conditions, he said.
The report forecast strong growth in the digital sector in 2018, citing the possible high brand value growth boasted by Chinese technology brands, with Alibaba, Tencent, WeChat, Baidu, JD.com and NetEase going up by an average of 67 percent year-on-year.
The region's GDP has increased by over 7.5 times in aggregate terms and almost 4.6 times in per capita terms, with unemployment rate dropping from 6.4 percent in 1999 to 1.8 percent now, and the average life expectancy reaching 83.7 years, he said.