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The report predicts that transactions of products across all categories through livestreaming e-commerce will increase 156 percent year-on-year to nearly 1.16 trillion yuan in 2020, and the booming livestreaming e-commerce segment will contribute new growth points to China's gold and jewelry industry.

The release said relevant officials and staff at the charity did not shoulder their responsibilities and failed to perform their duties when receiving and allocating donated supplies and funds during the epidemic's prevention and control and engaged in misconduct in terms of information transparency.

The renminbi's fall is not currency manipulation but the exact opposite, said Ann Lee, a specialist in China's economic relations at New York University.

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The remaining 3,500 Taliban prisoners will be released during and after intra-Afghan negotiations.

The remarks were made Tuesday in response to media enquiry about a recent missile test.

The renowned expert said he thinks China is going to grow by 2 to 3 percent this year, a more optimistic projection than that of the International Monetary Fund (IMF) and the World Bank, which both forecasted a growth rate of roughly 1.0 percent for China.

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The regular heating season in the Beijing-Tianjin-Hebei region runs from Nov 15 to March 15. This year, heating supplies were extended to March 20 for some cities because of cold weather.

The report highlights the role of Chinese structural changes in generating wealth while the United States continues to boast the biggest wealth concentration powered by technology, consumer and retail sectors.

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The region's GDP has increased by over 7.5 times in aggregate terms and almost 4.6 times in per capita terms, with unemployment rate dropping from 6.4 percent in 1999 to 1.8 percent now, and the average life expectancy reaching 83.7 years, he said.

The report noted that mobile gaming accounted for more than 60 percent of total game sales, playing an important role in the overall gaming market.