The report further pointed out the broad rise driven by correction in valuation of the oversold market may be replaced by structural gains this week.
The remarks came as Swedish telecoms regulator PTS earlier this month halted 5G spectrum auctions after a court suspended parts of its decision that had excluded Huawei from 5G networks under the pretext of national security without any evidence.
The relief measure, in the form of federal loans, is part of a federal response to the coronavirus pandemic worth around 3 trillion dollars, which was designed to help businesses survive virus restrictions.
The report also shows those born in the 1980s have become the majority of the floating population — accounting for 64.7 percent of the total — and over half of the migrant population have a strong desire to settle in cities.
The report said that the progress was largely driven by the improvements in enterprise conditions and people's living conditions in China, given that the domestic poverty rate dropped from 19 percent in 2009 to less than 1 percent last year.
The regulation, however, will also widen credit divergence between the larger banks designated as D-SIBs and non-systemic small banks that receive less government support, he said.
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The report says the increase in violence is tied to the pandemic as “security, health, and money worries create tensions and strains accentuated by the cramped and confined living conditions”.
The regulators and bourses will also step up efforts to delist "zombie companies" and those with long-term losses and severely poor financial condition, the report said.
The regulator said it would focus on illegal activities such as the infringement, manufacture and sale of counterfeit products and misleading or illegal advertising. It requires a comprehensive investigation from production to sales against key illegal cases. Local regulatory authorities plan to start with online trading platforms or websites to further investigate illegal production and operation in upstream or downstream sources, and will provide clues in time to related local regulatory authorities.
The report said collectively and privately-owned enterprises have gradually become the main participators in the cultural export trade, the cultural products trade is mainly concentrated in developed countries and regions, and the scale of cultural products trade with countries and regions involved in the Belt and Road Initiative is increasing year-by-year.