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The report also addressed subnational regional disparities in real output, employment, and productivity in advanced economies, which have attracted greater interest in recent years against a backdrop of growing social and political tensions.

The report came as Texas Governor Greg Abbott on Tuesday urged people to stay home after the state reached another high in its daily number of COVID-19 cases.

The region will develop industries that benefit the poor, Sun said. Each county will prioritize five industries from existing ones while poverty-stricken counties will focus on three, he said.

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The report found that the solely online retail platforms are reaching their ceiling, but the full potential of the digital retail sector has not yet been fulfilled.

The report also found shortcomings in the current structure of digital talents as more than 85 percent of them specialize in product research and development, while those engaged in big data analysis, advanced manufacturing, and digital marketing accounted for less than 5 percent of the total.

The report also said listed companies had been the main force of having outbound M&As because of their healthy funding and secure financing sources.

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The report also shows the developer raked in 367.89 billion yuan revenue in 2019, up by 23.6 percent, and its net profit recorded year-on-year growth of 15 percent.

The report found that the solely online retail platforms are reaching their ceiling, but the full potential of the digital retail sector has not yet been fulfilled.

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The release also made clear China's concerns about the ROK's participation in U.S.-led missile defense networks, any additional THAAD deployment, and trilateral military cooperation between the ROK, Japan and the United States.

The report said 1.11 out of every 10,000 orders were suspected to be fake products, 26 percent below the previous year.