The regulation standardizes contract signing between the aforementioned departments and SMEs, requiring them to pay for goods, projects and services from SMEs on time. It also prohibits them from extending the payment period.
The report found women's apparel dominates promoted products in livestreaming e-commerce shows. Bags and accessories, food, and makeup and skincare products are also very popular. This shows most users of livestreaming shopping are women.
The report said that allegations Chinese firms predominately hire Chinese workers are "untrue".
The report Friday is projected to show that nonfarm payrolls rose by 160,000 in August, versus 164,000 the previous month. Estimates are for unemployment to be steady at 3.7 percent and the average hourly earnings rate of increase to slow to 3 percent.
The release said he was placed under investigation on Aug 28 over involvement in the cases of Guo Boxiong and Xu Caihou, both former CMC vice-chairmen disgraced by corruption probes. Investigators later found he had "severely violated Party regulations and State laws" and had "given and taken bribes".
The regulation storm is producing the desired results: the non-performing loan ratios of commercial banks are stabilizing, corporate debt is coming down, and irregular financing activities in the property market are being effectively curtailed.
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The report revealed, while discussions are in the early stages, there could be a chance the merger may not seal. However, if the two companies decide to consummate the merger, the organization's combined assets could be worth up to 1.82 trillion yuan (7 billion).
The report found that 97.5 percent of China's 772-million online population used mobile phones to surf the internet.
The regulator took control of Anbang Insurance Group on Feb 23, 2018, after its business operations were found to be in violation of regulations and laws.
The report cited statistics from the Supreme People's Court, China's top court, showing that 97.8 percent of courts supported online case filing in 2019, which means litigants could initiate lawsuits from almost anywhere via internet access instead of having to go to a court.