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The remarks came after the Wall Street Journal said in the article that Huawei has had access to billion in government support as it grew from a little-known company to a global tech pioneer.

The regulatory commission will introduce preferential policies on the Hong Kong insurance sector based on the equivalence assessment.

The regulator also required subsidiaries' board of directors to take ultimate responsibility for net capital management, and senior management to implement the task. The subsidiaries should regularly report their net capital management results to the regulator.

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The remarks came after Huaxintong said it would roll out its first server chip by the end of this year. The move is part of Qualcomm's broader push to tap into China's booming cloud computing market and take on its US rival Intel Corp's dominant position in server chips.

The regulation states that the city and district governments should guide the development of minsu and encourage the development in suburban areas. The governments should strengthen environmental protection in rural areas and improve infrastructure such as parking and toilets, it states.

The report last week by the U.S. House Judiciary antitrust subcommittee dealt with all of the companies individually but proposed a common set of remedies, including a higher bar for acquisitions, and keeping companies from participating in marketplaces they operate.

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The report notes that Hulu in the U.S. and China’s Youku Tudou, iQiyi and Tencent have upped spending on original programming as well.

The report added that housekeeping services, convenient services and membership services all also been growing this year.

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The reimagined production will be led by Chinese conductor Maestro Yu Long, music director and principal conductor of the Shanghai Symphony Orchestra, who said he was "thrilled" to bring the opera to his home city.

The report said the uptrend is the result of a rising demand for labor and a decline in the number of job applicants.