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The report said abuse occurred in almost every place where children resided or attended for educational, recreational, sporting, religious or cultural activities, adding that abusers were "not a case of a few rotten apples".

The regulations will be significant to governing the military with strict discipline in every respect, improving the systems for conducting checks and oversight over the exercise of power, and enhancing the officials' loyalty, integrity and sense of responsibility, according to the office.

The report said that China should develop as a major destination for imports from emerging and advanced economies, continually liberalize its service sector, further globalize and modernize domestic financial system, increase global flows of technology between China and the rest of the world, and increase efforts solving global challenges such as climate change and infrastructure investment.

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The report mentioned that college graduates and private entrepreneurs are the main force behind mass entrepreneurship, as well as overseas students who came back to China to start companies.

The remarks also echo BNEF's prediction that battery-powered vehicles will recover to account for 8.1 percent of all vehicle sales next year in China.

The report found that consumer preferences in smaller stores have had an impact on the market. The number of new department stores and shopping centers has drastically reduced. Small-sized retail stores have grown by 7.7 percent year-on-year.

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The report said competition in the property sector will focus more on comprehensive capability in products and operation.

The regulation came into force upon publication.

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The report stated that global R&D expenditures have risen substantially, expanding threefold from 2 billion in 2000 to .2 trillion in 2017. Global R&D activity remains concentrated in the US, EU and in East, Southeast and South Asia regions.

The report showed that 13 real estate companies saw their sales volume topping 100 billion yuan and 107 companies had sales revenue over 10 billion yuan in the first six months of this year.