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The report said online sales of shoes and bags grew faster than their revenue, showing the low pricing of online sales isn't good for the sustainable development of the industry.

The report prioritized transparency as one of the three core principles that BRI participating economies should comply with to maximize benefits and mitigate risks brought by the initiative.

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.

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The report issued by UK health insurance provider Bupa Global was based on a survey that collected feedback from 1,031 senior executives in China's first-and second-tier cities. They include business owners, company presidents, senior management members and other company officers at the director level or higher.

The report also said that most professionals in Beijing came from neighboring province of Hebei, with populous Shandong province in East China contributing the second biggest flow of human capital.

The report also pointed out that the surveyed firms still have concerns about transparency of China's regulatory environment, and lack of intellectual property rights (IPR) protection and enforcement. They also face operational challenges including high costs and domestic competition.

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The regular renovation has been approved by the State Administration of Cultural Heritage.

The remaining five were rescued around 4 am Wednesday. The workers had prepared food before becoming trapped, and ventilation was good in the 2-km-long cave, the government said.

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The report said the court has concluded 1,802 official misconduct cases, of which 1,724 — or 95.7 percent — involved charges of bribery, corruption or embezzlement.

The report is expecting China to overtake Europe within a few years in terms of energy-efficiency investment, as the Asian country has replaced Japan as the world's top spender on energy research and development as a share of GDP.