The relatively higher growth rate in China-compared with an expected global rate of 4 percent-will continue to lead global economic growth, which could help some economies jump out of the deflation trap, according to Song.
The report has been translated into 10 foreign languages. Most of the translators and foreign linguists involved used the word "powerful" to describe their first impressions. "I was absorbed the first time I read it. I read from morning till midnight, even forgetting to have meals," said linguist Olga Migunova from Russia.
The report of the 19th CPC National Congress shows that China's internal and external policies have achieved great results under the leadership of the Party over the past five years. China's socioeconomic development index and living standards have also been significantly improved. The effectiveness of China's economic reform determines the stability of world economic development.
The report analyzed the outbound travel preferences of Chinese in 2018, along with new travel trends of post-1990s and post-2000s tourists.
The report said that resulted from more people looking for jobs in the internet industry, a 20 percent boom compared to the last quarter of 2017. However, internet companies didn't grow as fast as before. As a result, job positions in the market were reduced by over 40 percent. So, the competition in this sector became greater.
The regulations were updated from a trial version issued in June 2015.
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The report said China has surpassed the United States to become the largest game market. The revenue from game software reached about billion in China last year.
The regulation, issued by the ministry and five other departments, is designed to prevent risk to users' money, strengthen protection of their rights and interests, and promote the healthy and stable development of emerging forms of transportation, the ministry said in a statement.
The report said more than 10 percent of Chinese have mental health problems, and 74 percent of those surveyed complained about difficulty accessing support services.
The report found positive changes in elderly care, said Cheng Feifei, director of the institute, adding that at least half of the surveyed families were neutral or supportive of elderly care services.