The renovation projects will prioritize communities built before 2000, focus on improving supporting facilities and civic infrastructure, and improve the level of public services in communities such as aged care, infant day care and healthcare, the Cabinet said.
The report said a growing number of Chinese seniors are embracing digital products and services, particularly driven by their social needs. As of September 2017, Tencent's WeChat messaging app had gained 50 million active users above the age of 55.
The regulators will continue to improve mechanisms for refinancing, mergers and acquisitions, and equity incentives to support listed companies, accelerating upgrade and development, while improving the delisting system and encouraging listed firms to improve corporate governance and information disclosure transparency.
The report and the Fact Sheet on Environmental Damage by the US, also released on Monday, are aimed at exposing the terrible record of the United States in the sphere of environmental protection with the help of facts, and laying bare some US individuals' trick of the thief calling out "stop the thief," the ministry's spokesperson Zhao Lijian said when asked to comment to the two documents.
The report shows that companies' innovation mainly focuses on industrial manufacturing, information technology and finance sectors.
The report said there will be continued strong growth in the video surveillance equipment market, and China will be a major source of the industry's revenue and growth.
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The report added that migration is increasingly marked by significant outward and inward student mobility in Eastern Asia. In the academic year 2015/2016, China, the Republic of Korea and Japan ranked among the top 10 countries of origin of international students in the United States, and among which more than 300,000 students were from China alone. However, Eastern Asia is not only a major origin of international students, but is also gradually becoming an important destination for foreign students. For instance, more students from the Republic of Korea are choosing to study in China.
The report said the analysis of seismic waves and the lack of sound waves clearly showed the quake was not caused by an artificial explosion, citing an unnamed weather agency official from the ROK.
The regulation introduced new guarantees for SMEs to ensure they are paid in full by government agencies, public institutions and large enterprises, including limits on payment times, information disclosure on overdue payments, and punishment for defaults.
The report highlights past progress against these most devastating issues affecting poor countries.