The report said that by 2007, more than half of the global population was living in cities and towns, a geographical shift that has tremendous implications for the current and future dynamics of human development.
The region's third economy, Argentina, could see less than 2 percent growth or even a slight recession following two quarters of negative growth, but a sizeable billion loan from the International Monetary Fund (IMF) could in the end improve its GDP growth.
The report also highlighted the advantages of the joint ventures, saying that the local experience of Pakistani companies and the technical skills of Chinese companies will result in a win-win situation.
The report also showed the lower the per capita GDP of a country, the lower the degree of open data at a national government level, with the exception of India. Although India's per capita GDP is relatively low, the government's open data efforts have seen it take a lead position globally and has resulted in a large number of innovative applications.
The region's future growth and security - as well as the welfare of hundreds of millions of people - are at stake, said a new report by the Asian Development Bank (ADB) and the Potsdam Institute for Climate Impact Research (PIK).
The remains of three victims were found in two separate locations of that fire zone, according to Butte County Sheriff Kory Honea, bringing the total death toll from this summer's devastating spate of California wildfires to at least 11.
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The renminbi will, however, face pressure, even against a weaker US dollar, if the central bank eases the monetary policy further, economists said.
The relations between both countries are marked with friendliness, mutual trust, respect and goodwill, Yotova said at the reception, which was also attended by Bulgaria's Deputy Prime Ministers Valeri Simeonov and Krasimir Karakachanov, as well as Valeri Jablianov, Vice-President of the National Assembly.
The regional cruise industry was severely damaged in June 2015, when Eastern Star, a cruiser carrying more than 450 people, most of them seniors, capsized on a stretch of the river in Hubei province during a voyage from Nanjing, Jiangsu province, to Chongqing. Only 12 people survived.
The report comes at a time when the tepid growth of some indicators has raised concerns over China's rebalancing moves toward domestic consumption as trade troubles with the United States have escalated and uncertainties in the global economy have increased.