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The report suggested carmakers improve their methods of solving complaints favorably in ways that customers hoped for. It found that the top three responses that complainants wanted were getting their cars repaired at 4S stores, follow-ups and recalls.

The remarks were made on Wednesday at the China Brand Forum. Held by People's Daily, the forum also released an index measuring brand development in China, with parameters including brand innovation, the ability to profit, corporate social responsibility, and many others.

The report continued:

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The report provided authentic evidence that, instead of artificially depreciating the yuan for trade advantages as the US administration alleged, China actually has been committed to keeping the yuan generally stable at an equilibrium and adaptive level, said Liu Chunsheng, an associate professor with the Central University of Finance and Economics, agreeing with Yu.

The report found that the heavy school homework load and the popularization of electronic devices were the two top causes for the inadequate sleep. From Monday to Thursday, 8.4 percent of the group would still be busy with their homework after 11 pm.

The report also evaluated central SOE efforts in environmental protection, community service and five other sectors based on research on 72 central SOEs, and covers eight case studies including China Communications Construction.

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The report pointed out that the increasing number of American workers hired by Chinese companies echoes US President Donald Trump's campaign promise to create more jobs in the country.

The regulator said it will continuously push ahead with the opening-up of China's banking and insurance sectors and keep improving the business environment, so that a larger number of foreign banks and insurers that meet regulatory requirements will be allowed to participate in the Chinese financial market.

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The report shows infrastructure financing trends in eight countries including China, India and Russia. It emphasizes that cross-border infrastructure including links that promote trade, market integration and the distribution of green energy are necessary during times of market instability and declining economic growth.

The report envisages that by 2025 electric vehicles will account for 8-20 percent of sales in the US and at least 29 percent in China.