The report noted the "profound changes in the media industry and media environment" last year following efforts by news outlets to integrate traditional and new digital media formats.
The regulatory commission set up a leadership team for comprehensively deepening capital market reforms in March and has held more than 10 meetings to discuss measures for 11 major aspects of reform.
The report has since been made public. It shows that the central budget implementation for 2016 was good in general, with features like intensified fiscal policy, enhanced safeguards for people's livelihoods, progressive reforms in fiscal and taxation systems, and improved budget management.
The report added that Watches, Clocks and Jewelry accounted for 21.1 percent of the total retail sales, followed by Goods in Department Stores (15.8 percent), Leather Goods (13.4 percent) and Adults' Clothing (12.4 percent).
The report forecast strong growth in the digital sector in 2018, citing the possible high brand value growth boasted by Chinese technology brands, with Alibaba, Tencent, WeChat, Baidu, JD.com and NetEase going up by an average of 67 percent year-on-year.
The regulations include those required by the reform on abolishing and delegating government permits, as well as those that are no longer applicable in practice.
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The report also shows that the risk management is not yet mature, as most of cybersecurity teams of Chinese companies are still at the "passive risk response" stage.
The report also said that 19 percent of the respondents spent more than 1.5 hours online per day on average. Listening to music, playing games, chatting and searching for files were their main online activities.
The region's gross domestic product (GDP) growth of 5.9 percent for 2017 is a slight uptick from 5.8 percent in 2016 and 0.2 percentage points higher than the earlier forecast.
The report also accused various government bodies of breaching their duties. For example, it said that as authorities overseeing buildings, the local housing and urban-rural development bureau failed to crack down on the illegal construction of the building, which had existed for a long time.