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The report came as the nation's sharing economy marches into a new stage, where quality matters more than expansion speed. The report said the annual growth rate of the shared accommodation market is expected to remain around 50 percent over the next three years.

The report estimated that mining, middle and high-end manufacturing, accommodation and catering, real estate, scientific research and technology services will be hot investment targets this year.

The report shows 37 listed banks realized a total net profit of 1.53 trillion yuan last year, representing a year-on-year increase of 6.68 percent.

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The report points out that the overall revenue of Shanghai-based restaurants has increased in recent years, especially during the holiday seasons. For example, around 300 restaurants from 25 major local food companies earned a combined revenue of 3.28 billion yuan during the 2018 Spring Festival, a 9.4 percent increase compared to the previous year.

The report pointed to the headway being made from Chinese authorities' measures to cope with the economic impact of the virus nationwide and expressed confidence in the revitalizing of the world's second-largest economy as it deals with the challenges ahead.

The remarks came after the National Development and Reform Commission announced earlier in April that waste-to-power projects that have had generators connected to the State grid after Jan 20 will receive subsidies from the government, but the announcement did not disclose the specific amounts.

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The report also found that private firms from China also play a major role in creating jobs as 89 percent of their employees were local Africans, creating nearly 300,000 jobs for African workers. The report suggested that Chinese-owned businesses could eventually employ several million Africans.

The regulator will suspend Sealand Securities' registration of asset management products for one year and will ban the firm from opening new securities accounts for its clients for one year.

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The repatriation mission aims to get most of the 150,000 Thomas Cook customers abroad back to Britain on the day they were expecting.

The report said if a Chinese investor has parked 40 percent of his investment in stocks, 30 percent in cash and 30 percent in wine, he would have received the highest 5.2-percent annualized return rate from July 2016 to June 2019.