The report cited data from the China Institute for Income Distribution of Beijing Normal University, showing that the middle-income class is expected to scale up to 43 percent in 2020 if there are no policy changes, while the figure could reach up to 50 percent with preferential policies.
The regulator has shortened the IPO approval period for companies in four areas: biochemistry, cloud computing, artificial intelligence and advanced manufacturing, said Tencent Finance, the business media outlet affiliated with technology company Tencent Holdings Ltd, in a report on Wednesday, citing people with the knowledge of the matter.
The report showed that air purifiers, water purifiers and dishwashers are becoming more popular online. Sales of air purifiers increased by 54 percent and water purifiers by 37.6 percent in the first half of the year compared to the same period in 2016.
The report estimated that China's economic growth will slow to 6.2 percent in 2019 from 6.5 percent in 2018 as domestic and external rebalancing continue.
The regulations draft has been publicized on the CNIPA website, soliciting suggestions and opinions from the public until March 14.
The report said the average hospital stay last year was 9.3 days, down 42.6 percent compared with 1992. The average hospital stay is one indicator used when assessing medical benefits and efficiency.
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The relaxations on first-time buyers and high-end talents purchasing homes are only allowed within particular regions, as the country has no intention of comprehensively relaxing property policies, said Wang Tao, chief China economist with UBS AG.
The report also praises Hong Kong's labor market, which is highly flexible and efficient, and an advanced macroeconomic environment that slightly lowered its inflation rate last year.
The report showed that the average year-on-year nation brand value growth of the developing economies was 13.9 percent, compared with mere 0.4 percent for the developed economies.
The relevant field of DPRK side will "completely cut off and shut down the liaison line between the authorities of the north and the south, which has been maintained through the north-south joint liaison office" starting from 12:00 (0300 GMT) on June 9, the report said.