The report pointed out five areas with the highest potential for growth and private sector participation under the BRI in the 2020s: transport, telecommunications, utilities, digital infrastructure and renewables and clean energy.
The report showed that in 2000, the US spent 8.6 billion on R&D, ranking first in the world. EU was second with expenditures of 3.4 billion. China was fifth at .1 billion.
The remarks came after non-US semiconductor suppliers had to halt shipments of products containing US technologies to Huawei. If they want to continue shipments to Huawei, they need to apply for a license from Washington, according to the latest US government restrictions.
The report showed that the internet-based digital economy rose to 31.3 trillion yuan (.6 trillion) last year, up 20.9 percent year-on-year.
The rekindled row followed news reports that the British government is close to approving Chinese technology giant Huawei for participation in the rollout of 5G internet technology. The US had wanted the UK to join it in boycotting Huawei products and is likely to be frustrated with Westminster's stance.
The report collected statistics released by 282 cities that have published their economic semi-annual reports as of Monday. Hong Kong and Macao special administrative regions and Taiwan were not involved in the statistical analysis.
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The regulation clarifies the implementation mechanism of the negative list of foreign investment access and details registration and reporting system of foreign investment.
The renewed risk appetite among investors and improved liquidity situation after the holiday also contributed to short-term rally of A-shares, according to Chen Guo, an equity strategist at Essence Securities Co Ltd.
The report offered two clear objectives: socialist modernization basically completed by 2035, and a "great modern socialist country" built by the middle of the century.
The report calls on all of the companies to adopt an emerging standard of measurement called Carbon Usage Effectiveness, which Greenpeace calls a more meaningful measure than the traditional Power Usage Effectiveness, on which data center operators traditionally focus.