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The regulator said it will boost the role of the capital market in serving the real economy and providing necessary financing to smaller businesses.

The report also pointed out that the leverage ratio of China's real economy was basically stable at 242.7% at the end of Q2, up slightly from 242.1% at the end of 2017.

The relevant reports contain deliberation outcomes of the proposals that were put forward by NPC deputies at the third session of the 13th NPC.

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The report said Chinese tourists made 140 million outbound trips in 2018, 11 million more than in 2017, representing a 13.5 percent increase year-on-year.

The regulation also improves benefits and welfare for female employees during their pregnancy and maternity leave, ensuring them to be more secure and healthy at work.

The remaining 58 million yuan will be channeled to Chongqing municipality and Fujian province to combat floods.

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The report also found that routes such as Shanghai to Prague, Shanghai to Bangkok and Beijing to Tashkent are the significant bonds linking China and countries in different regions involved in the initiative. Bangkok, Singapore and Kuala Lumpur, Malaysia, are the top nodal cities of personnel flow.

The report highlights the role of Chinese structural changes in generating wealth while the United States continues to boast the biggest wealth concentration powered by technology, consumer and retail sectors.

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The report said domestic strategic mergers and acquisitions declined by around 15 percent. There were only 10 deals each in excess of billion, compared to 15 in the latter half of 2016. Foreign inbound investment－though much smaller by comparison－was at its highest level in two years because of some larger-sized deals and an increasing number of investments from Japan.

The report noted that this has taken on increasing importance as evidenced by the World Trade Organization Trade Facilitation Agreement (TFA) which entered into force in February 2017.