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The report pointed out that US LNG requires far more shipping resources than its IndoPacific competition to reach the key Asian markets, where China and India are the driving forces of growing LNG demand.

The relics include a large number of building materials such as bricks, tiles and drainage pipes, as well as pots, cans, urns, lamps, spinning wheels and other household appliances, according to researchers with the Institute of Archeology of the Chinese Academy of Social Sciences.

The report also reveals that globally more than 1.2 billion children are at risk of poverty, conflict and gender discrimination, and these children are excluded from learning, and denied basics like healthcare and even food.

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The report predicts a sharp decrease in world consumption, with profits among companies in the luxury sector down 30 percent in 2020.

The report noted that companies in the automotive sector in particular find China attractive when looking for new suppliers. Companies that are highly digitized are significantly more likely to look for suppliers in China, it also said.

The report found that the 2,500 companies invested a combined total of 736.4 billion euro in R&D, an increase of 8.3 percent compared to 2016/17.

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The report also showed that over 50 percent of the elderly inquired about reservations online by themselves, about 40 percent chose offline travel agencies or consultants, and only a small number needed help from their children. It was also found that more than 70 percent of them relied on recommendations by key opinion leaders on the internet.

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.

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The report came as China recently eradicated absolute poverty domestically against the headwinds caused by the COVID-19 pandemic, which according to an estimate by the World Bank, could plunge 70 million to 100 million people into poverty globally.

The report found 78.2 percent of respondents made a profit in China in 2019, marginally ahead of results seen in recent years. Among them, retailers were among the biggest beneficiaries, with 85.4 percent reporting profits last year against only 69.7 percent in 2018. A relatively big proportion of respondents, or 30 percent, reported their China revenue growth in 2019 was 'significantly higher' than worldwide revenue growth, which represents a 6 percentage points increase from 2018.