The report came as China is already one of the world's largest spenders on information-related products and services, such as e-commerce, intelligent electronics, online education, medical treatment and telecom services.
The report called for more efforts to promote the development of IT-based infrastructure in the tourism sector, speed up the construction of 5G networks and expand the coverage of wireless networks.
The report also found that private firms from China also play a major role in creating jobs as 89 percent of their employees were local Africans, creating nearly 300,000 jobs for African workers. The report suggested that Chinese-owned businesses could eventually employ several million Africans.
The report included a pair of dueling charts showing the market capitalization leaders today versus five years ago, and tech companies?dominate the rankings in 2017. The top five most valuable companies by this metric are a who’s who of tech giants: Apple, Google-Alphabet, Microsoft, Amazon and Facebook. Add in Chinese tech giants Tencent and Alibaba, and tech makes up 70 percent of the top 10 last of most valuable companies by market cap.
The regulation also requires the national park to strengthen monitoring and administration in the tourism area to protect the natural resources and biodiversity of the site.
The remaining 30 billion yuan investment came from bank loans, according to Su Yi. The money will be paid back from bridge tolls over the next 30 years.
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The report includes results of the survey of over 700 regional policy experts on key challenges the Asia-Pacific as a region is facing.
The report found that Chinese investment in high-tech and innovation-intensive industries has grown rapidly in the last three years, increasing from billion in 2005 to roughly billion last year.
The report cited a spokesman for Moon saying that moving the parts to the site "ignored public opinion and due process" and demanded it be suspended.
The remarks came one day after the introduction of an implementation plan to support the development of the Boao Lecheng International Medical Tourism Pilot Zone which was released by four government departments, including the National Development and Reform Commission and the National Health Commission.