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The regulations follow rules announced by the China Banking and Insurance Regulatory Commission earlier governing various aspects of banking, ranging from equity management for commercial banks to the management of entrusted loans.

The report found that a major reason IP protection was not optimal in China was because the fines and other penalties were not stiff enough.

The regulations will take effect on Jan 1, and apply to people who work, study or live in the Chinese mainland.

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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.

The region’s two heavyweight tech titans produced opposite results on Wall Street, with Amazon shedding 22 percent of its value while Microsoft gained 24 percent under the leadership of newly-appointed CEO Satya Nadella.

The report said the higher quota, in tandem with measures to boost the efficiency of the bonds, may help infrastructure investment to grow at 5.5 to 6 percent year-on-year in 2020, compared with 4.2 percent during the first 10 months of this year.

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The report suggests China should enhance maritime strategic dialogue with the United States, closely monitor subtle moves by some ASEAN countries and persuade extra-regional powers such as Japan, Australia and the United Kingdom to help ease tensions in the region.

The report also praises Hong Kong's labor market, which is highly flexible and efficient, and an advanced macroeconomic environment that slightly lowered its inflation rate last year.

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The report also warned the country's authority to address financial consumer protection risks given the limited digital and financial literacy of many consumers.

The regional blood center said this is the first set of collection facilities being introduced into the region.