The report has found that local retailers have embraced the online-to-offline services to build extreme convenience in the shopping experience.
The report said the zone will also create "the necessary power" to promote the China-led Belt and Road Initiative, which aims to build a trade and infrastructure network connecting Asia with Europe and Africa along the ancient Silk Road routes.
The relief measures aim to stabilize growth and confidence and prevent a downward spiral in the economy, Chan said, stressing that the government will properly use fiscal reserves to go through the difficult time along with Hong Kong residents.
The report delivered at the 19th National Congress of the Communist Party of China stressed the implementation of rural revitalization strategy and poverty alleviation across the country. Wuqiang county has seized the opportunity and leads the way.
The report provides valuable theoretical guidance and decision-making references as it encourages G20 members to enhance their national innovation competitiveness, said Zhao Xinli, a fellow of International Eurasian Academy of Sciences.
The report found China's trade-in services were mainly led by East China, while the central and western regions showed different characteristics. The United States ranked first globally, followed by the Republic of Ireland, it said.
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The report forecasts a "relatively modest" rebound in non-resident capital flows to emerging markets this year and next year, due to loose monetary policy in developed economies such as the United States, Europe and Japan.
The report also said that the central bank has paid close attention to recent cross-border capital flows.
The remaining 10 percent will be held by Eastern Air Logistics' employees, it said. Detailed financial terms have yet to be disclosed.
The report critized Trump's actions on refugees and immigrants by calling them criminals and security threats; equivocated on white nationalism and consistently championed anti-Muslim ideas and policies.