The report said a number of listed companies have been rolling out the application of NB-IoT.
The report also highlights figures for R&D intensity, the proportion of R&D expenditure to main business revenue. Among the top 500 private companies, 59 had an R&D intensity of more than 3 percent in 2019, while five companies surpassed 10 percent.
The regulator will need to strike a fine balance between nurturing a healthy market and protecting investor interest, while maintaining a market-oriented approach to meet companies' financial needs, analysts said.
The report from State Information Center estimated that sharing economy will account for 10 percent of China's GDP by 2020, and 20 percent by 2025, with an annual growth rate of 40 percent in the next five years.
The relocation project of this 1920s building kicked off in December. It took four months to have it reinforced in order to prepare for the work. The movement began on April 13.
The regulators will strengthen areas of institutional weakness by increasing supervision of the shareholders of rural banking institutions, making detailed rules on shareholders' related party transactions, and pushing forward with equity trust, in addition to urging the rectification of problems, imposing severe punishment, and enhancing corporate governance capabilities of such institutions, said an official of the CBIRC.
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The report "2019 China Corporate Venture Capital Development Report" was released by the Entrepreneurial Finance and Economic Growth Research Center and Center for Global Merger Acquisition and Restructuring of Tsinghua University and CyZone, a provider of information on startups.
The report showed that emerging markets, especially the Asia-Pacific region, are a stronghold for top overseas markets in terms of downloads, including India, Indonesia, Brazil and Vietnam.
The report forecasts 8.4 percent gain for financial A shares and 16.1 percent gain for non-financial A shares.
The remains of the home of vintner Mike Sullivan lays in ruins in Santa Rosa, California, US, Oct 10, 2017. [Photo/Agencies]