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The report concluded, based on a joint survey conducted by global strategy consulting firm Roland Berger, that Chinese companies in the EU currently have a less favorable view on the ease of doing business in the bloc, but are willing to increase investment if the environment gets better.

The report shows that the snack industry grew from 424 billion yuan in 2006 to 2.2 trillion yuan in 2016, a growth rate of 422 percent.

The remarkable growth in recoveries can partly be attributed to the company's embrace of advanced tech, including artificial intelligence, big data and cloud computing, according to the bank's senior executives.

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The regulator also asked telecom carriers to accelerate 5G rollout in major cities and to expand the new generation network to key counties and towns that have relatively sound information infrastructure.

The regulation was revised after five years, specifying that abandoning pet dogs was illegal. Violators would face fines of between 500 yuan and 2,000 yuan, their dog registration certificates would be revoked and they would not be allowed to apply for another certificate for five years.

The report called for the further optimization of the ownership structure of State-owned financial institutions in freely competitive areas. Some of them could further reduce the proportion of State-owned shares by injecting private funds or further opening-up measures.

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The regulation aims to improve the security of the salt supply by stating that provincial level supervisors are responsible for government salt reserves, and designated manufacturers and wholesalers are responsible for the salt reserves of businesses.

The region of Beijing, Tianjin and Hebei seen on an airplane in Beijing, China, on Feb 23, 2019. [Photo/IC]

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The report sheds some positive light on parental leave, with an increase of its intake by fathers, particularly in countries where specific incentives, such as "daddy quotas," are in place that reserve a non-transferable portion of the leave for them on a "use it or lose it" basis.

The report revealed that secondhand plug-in hybrid electric vehicles had a residual value ratio of 45.5 percent last month, while used fully electric vehicles had a ratio of 33.5 percent.