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The report comes just a few days after Apple reported its own blockbuster quarter, surprising some analysts by selling a whopping 15.43 million iPads. Asked about the rise of the Kindle Fire on the earnings call last week, Apple CEO Tim Cook said that “we don’t really see the limited function tablets and e-readers as being in the same category.”

The regulator also said it will keep stepping up the construction of regulatory institutions and enhancing the standards for prudent regulation.

The remaining 30 billion yuan investment came from bank loans, according to Su Yi. The money will be paid back from bridge tolls over the next 30 years.

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The report also wrote "Project Income Debts" have invested in new target areas this year, such as environmental protection, medical care and water utilities. For instance, Southwest China's Yunnan province issued such a debt of 1.9 billion yuan this year to solve the ecological deterioration of its lakes and wetlands. This trend is in line with the country's proactive fiscal policies to address weak links and boost the real economy.

The regulator said it will lead banking institutions to further defer repayments of loan principal and interest according to the trends of the pandemic and the state of operation of MSMEs, with a focus on helping small businesses with a total credit line of up to 10 million yuan per borrower.

The renewed trade tensions have increased fluctuations in the foreign exchange market. Some investors speculated that the Chinese currency is under pressure, and the yuan's exchange rate against the US dollar may slip to around 7 - an important psychological threshold for stabilizing market sentiment.

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The regulation on review and management of representative office of foreign enterprises in China was abolished, the Ministry of Commerce said in a statement published on its official website.

The report showed that online business-to-customer sales of home appliances on the Chinese market hit 216 billion yuan ( billion) in the first half of 2017, up 16.9 percent year on year.

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The remarks were part of Trump's second State of the Union address and his third speech to a joint session of Congress but the first facing a divided Congress.

The registered unemployment rate is calculated based on the number of unemployed people who register with human resource authorities or employment service institutions.