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The report said in the first six months of this year, domestic tourism trips were 30 percent of those made in the same period last year. However, the expenditure of travelers was the equivalent of 75 percent of the amount spent the previous year.

The renminbi weakened on Tuesday for the first time in two weeks after the central bank relaxed capital controls on Monday. Analysts said the currency will have more two-way fluctuations in coming months.

The report ranks 106 banks from 38 major economies. The total assets of these banks in 2017 reached trillion, equivalent to 86 percent of global GDP during the period.

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The report also showed that an increasing number of consumers used WeChat to hail taxis, buy scenic spot tickets, and book hotels.

The renewed free trade agreement, signed in 2017, took effect on Friday. According to it, China will gradually eliminate tariffs on some wood products from Chile within three years, and Chile will immediately eliminate tariffs on Chinese goods like textiles, clothing, home appliances and sugar products.

The regional government announced in December that all trainees taking part in the deradicalization program had graduated.

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The report pointed out that AI is taken as an important direction for industrial upgrading, and the country's strategic plan for AI offers a broad space for the research and development of AI technologies and related industries. Moreover, from the perspective of applicants, enterprises such as Baidu and universities have become the main force in driving AI technologies.

The remarks came after the State Council, China's Cabinet, recently approved the new development plan for the NEV industry from 2021 to 2035. According to the plan, the nation's NEV sales are expected to account for 20 percent of overall new car sales by 2025 and purely electric automobiles are set to account for the majority of new cars by 2035.

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The report said there will be continued strong growth in the video surveillance equipment market, and China will be a major source of the industry's revenue and growth.

The region has also established a network of police outposts to enable security forces to react to incidents in key areas within seconds.