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The region's automobile industry output accounts for over 26 percent of the country's total, while its shipbuilding and telecommunication account for 30 percent and 29.9 percent, respectively.

The report showed that ZTE continued to increase its investment in 5G research and development, reaching 6.64 billion yuan in the first half, accounting for 14.1 percent of its operating revenue. Meanwhile, ZTE earned 34.97 billion yuan from network operators, up 7.7 percent year-on-year.

The remarks came after President Xi Jinping emphasized the need to deepen the 11-city cluster’s internal collaboration with more synergized mechanisms during a celebration commemorating the 40th anniversary of the establishment of the Shenzhen Special Economic Zone.

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The report shows how fast moving and internationally competitive the tech industry is and although Silicon Valley still excels in a number of key areas, international competitors have overtaken the original tech hub city, especially when it comes to attracting the brightest new tech talents, said Jared Kelher, editor of Export Market, as reported by Forbes.

The report also said that the central bank has paid close attention to recent cross-border capital flows.

The relaxation of the Fed's policy on rate increases has been considered a move to show flexibility in view of recent market volatility, indications of a global economic slowdown and any lingering effects of the partial government shutdown.

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The regulation, issued by the Ministry of Public Security, Ministry of Industry and Information Technology and Ministry of Communications, will take effect May 1.

The report said only three delivery companies, SF Express, JD Logistics and Suning Logistics, have published the amount of packaging they recycled.

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The report noted that China, with 1.43 billion people in 2019, and India, with 1.37 billion, have long been the two most populous countries of the world, comprising 19 and 18 percent, respectively, of the global total in 2019.

The regulation specifies how to control soil loss, increase the density of organic matter, and preserve the moisture and fertility of the soil.