The report evaluates and analyzes the status of development, revealing strengths and weaknesses as well as the character of change in each country. It provides basic paths and strategies to enhance competitiveness levels.
The regulation, to come into effect on Aug 1, will exclude categories including electric vehicles, special purpose vehicles, ambulances and fire trucks.
The report also said that more than 3 million urban homeless people were provided relief and shelter.
The report said the Chinese government should guard against risks in the property and financial sectors and the growth of China's fiscal revenue will slow in the second half of the year due to continued tax breaks.
The report said 7 percent of Chinese companies have become what Accenture refers to as "Rotation Champions" by generating more than half of their revenues from new businesses started in the last three years.
The report said 13.85 million civil cases were filed by Chinese courts last year, up from 7.78 million in 2013, with more related to the internet, IP, finance, bankruptcy, the environment, foreign-related commerce and maritime issues.
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The report is the sixth of its kind the Academy of Contemporary China and World Studies has released since 2012.
The regulatory cooperation mechanism between the mainland and Hong Kong has also been improved in the MoU.
The regulator has been strengthening supervision since 2017. As a result, the asset management business of commercial banks is showing a more steady and sustainable trend of development.
The report named several platforms - including Tmall Global, owned by e-commerce giant Alibaba, NetEase's Kaola, and the fashion and beauty products retailer Xiaohongshu.