The regulation, which was published on the State Council's website on Thursday and will take effect on May 1, aims to safeguard the country's food security and the quality of its agricultural produce.
The renegotiation comes as a pillar of President Donald Trump's "America First" agenda, which aims to reverse America's huge trade deficit and curb the outflow of America's manufacturing jobs.
The report said Pence had not only kept a full political calendar but also had created his own independent power base, including a political fundraising group called the "Great America Committee".
The report did not specify the China market performances, but De Feraudy said that China market has been growing at a fast pace in the past few quarters thanks to a handful of measures offering consumers easier access to the company's solutions, such as Tyre Plus, a network for tire replacement and automobile maintenance services.
The report said the total M&A value came in at 8 billion in 2018. Companies in high-tech and consumer product industries became the most popular M&A targets, and the European market and some Asian economies were favored by Chinese investors.
The regulation also specifies the code of conduct and legal obligations for patent agents and patent agencies and calls for improved inspection and supervision over their services.
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The regulation promises harsh disciplinary and legal punishment for wrongdoings.
The report said exports continue to play an essential role in the US economy and job growth. US goods exports to China come from a wide range of industries like transportation equipment, agriculture, computers and electronics, and chemicals. These exports also sustain logistics jobs in US ports and throughout the country. US services exports to China in 2015 included travel and education, royalties, transportation, business and professional services, and financial services.
The report says that investor concern is rising overseas, not necessarily for the same reasons as in the U.S., where retailers who expanded aggressively for years have been forced to close stores as shoppers move online. Share are being dumped in Europe and other places as retailers try to compete online with Amazon and face pressure over prices, delivery and range of products, the report says. Amazon’s international sales increased 16 percent in the first half of 2017 from a year earlier.
The report said about 89 percent of Chinese business and IT executives surveyed believe that competing successfully in this new decade requires organizations to elevate their relationships with customers as partners. Currently, 55 percent of Chinese organizations report using inclusive design or human-centric design principles to support human-machine collaboration.