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The report by the think tank affiliated to the Chinese Academy of Social Sciences said the population density of the new area should not be too high with an initial population of about 1 million and a long-term limit of 5 million.

The report estimated that renewables in China will continue to see rapid growth, and in 2020, the installed conventional hydropower connected to the grid will be 340 GW, while that for wind power and solar power will be 230 GW and 250 GW.

The report found that 2019 was the best year on record for offshore wind, with 6.1 GW of new capacity added globally, bringing total global cumulative installations to 29.1 GW. China remains in the number one spot for the second year in a row for new installations, installing a record 2.4 GW, followed by Britain at 1.8 GW and Germany at 1.1 GW.

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The report released by China also said that people with disabilities in the United States suffered from violent victimization.

The report comes as Washington is considering a broad tariff plan against Chinese imports, raising wide concerns about escalating trade tensions between the world's two largest economies.

The report showed that products from Japan, the United States, Australia, South Korea and Germany were the most popular among Chinese online shoppers, while Chinese mainland products sold well in Russia, Hong Kong, the United States and Spain.

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The regulator added that it will not have direct supervision of these companies any more. A catalogue published on the website of SASAC also showed that the number of centrally administrated State-owned enterprises is 99 now.

The report comes amid the AI-investment spree nationwide. In July, Chinese government released a national plan aiming to grow its core AI industries to 150 billion yuan by 2020, 400 billion yuan by 2025, and 1 trillion yuan by 2030.

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The report said 78.8 percent of respondents stated they will purchase medical insurance again within the next 12 months, while 58 percent of senior executives were considering increasing their spending on such policies.

The report attributed the growth of online shoppers to increasing consumption in smaller cities and rural areas, expanding international online shopping business and new marketing models.