The renovation of pedestrian streets must be led by local authorities and be in line with market principles and consumer choices, he said.
The report also warned the country's authority to address financial consumer protection risks given the limited digital and financial literacy of many consumers.
The regulator is seeking to balance between easing the IPO backlog, keeping the market calm and improving the quality of listed companies.
The report revealed 1,117 loopholes in smart gadgets such as drones, web-cameras and internet-connected home appliances in 2016.
The report said the bid talks are close to the end as Ofo is underpriced at .4 billion by the two buyers.
The report predicted iron ore demand in China at 1.225 billion tons in 2020, compared to 1.264 billion tons in 2019. Pig iron output in 2020 and 2019 is seen at 775 million tons and 800 million tons, respectively.
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The report also said employees would consider training and development, rather than salary and welfare, for the reason that more young workers entering the workplace focus on personal improvement and experience.
The report calls for giving overseas-funded banks "pre-establishment national treatment," which means giving equal treatment to overseas and domestic companies even before they make investments.
The regulation also supports express delivery operators in cross-border business by establishing disposal centers in key ports in addition to overseas branches to work with Chinese customs authorities.
The relief plan US President Donald Trump's administration announced on Tuesday is raising questions among agricultural experts, who are calling for the removal of recently imposed tariffs on major trade partners of the United States.