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The regulation is a reflection of the effort to ban leading cadres from engaging in commercial activities or abusing their power, combined with the reality of the situation in Guizhou, said Yang Weidong, a professor at the Chinese Academy of Governance's Department of Law.

The report said China has also managed to make some regulatory achievements to control financial risks. "Broad credit growth slowed from a pace of more than 20 percent to the low tens on a clampdown on shadow banking activity. In asset markets, policymakers reined in surging house prices, stabilized the currency after a volatile 2015-16, and oversaw a steady equity rally," the report said.

The report also noted that the capital will increase the number of roads used for self-driving tests, citing a plan that sets goals to reach 500 square km of area and 2,000 km of open roads for testing intelligent connected vehicles (ICVs) by 2022.

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The relations between China and El Salvador have opened a huge market for the export sector that is generating unique advantages for the Central American country.

The report also showed indices for SMEs in building, transport and wholesale sectors gained, as well as hotel and catering services, while indices for those in property, social services and information sectors dropped.

The remarks came more than a month after the US National Institutes of Health (NIH) stopped a clinical trial to assess the safety and effectiveness of hydroxychloroquine for the treatment of patients with the coronavirus.

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The report also predicted that the peak shopping day of the upcoming eight-day holiday will occur on Thursday, when Chinese National Day and Mid-Autumn Festival are on the same day. In lower-tier markets, the one-hour home delivery service has become one of the most popular consumption trends.

The report starkly warned that the world is unsustainably extracting natural resources and producing unmanageable quantities of waste, thereby degrading Earth's ecosystems and endangering the ecological foundations of society.

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The remarks came after the Standing Committee of the National People's Congress decided on Tuesday to let the sixth Legislative Council of Hong Kong Special Administrative Region continue performing duties for no less than a year until the seventh LegCo starts its four­-year term. The election was originally scheduled for Sept 6, before it was postponed because of the COVID­-19 pandemic.

The remarks came after a few suppliers raised the price of soybean meal – a major raw material for forages widely used in pig and chicken farms.