The report added that the internationalization of the renminbi will also support the city's development into an international technology innovation center.
The regulator required AICs to set up investment plans with either a singular market-oriented debt-to-equity swap or a portfolio as underlying assets.
The report also observed some dramatic annual growth for some non-conventional winter sport provinces. Yunnan and Guangdong provinces saw 100 percent and 167 percent more trips to ski venues in 2018, respectively. Zhejiang province was also among the top six most popular ski destinations last year, along with the more traditional wintry areas of Heilongjiang, Hebei and other northern regions.
The report ranked Guangzhou No 1, ahead of Beijing, Shanghai and Shenzhen.
The report also states passenger vehicle sales will be about 23.7 million units — a similar amount to last year — and sales of new energy vehicles may rise to 1.6 million units from 1.26 million units in 2018, an increase of 27 percent.
The report points out an interesting trend: “Large retailers (those in Internet Retailer’s top 100) have seen twice the growth in online sales compared to small retailers since the beginning of the season. Retailers that have invested in mobile, email and social have seen 30 percent more sales on average and 25 percent higher average order values. “
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The regulation on foreign experts' work permits states that overseas language teachers in China must obtain a work visa and be a native speaker with a bachelor's degree or higher, have at least two years of related teaching experience and no criminal record.
The report also summed up the CPC's experiences in successfully governing the country since the founding of the People's Republic of China 70 years ago, and answered the question of why the CPC "can."
The remarks came after the internet giant announced on Friday its decision to buy out local chipmaker Hangzhou C-Sky Microsystems to help boost the nation's self-sufficiency in the sector.
The report stated that about 40 percent of officials who stood trial for misusing their positions were age 35 to 45; the youngest defendant punished by the court was 20.