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The report noted that from 2002 to 2015, developing economies' participation in the creative goods trade was markedly higher than in developed economies, driven mainly by the performance of China.

The region will continue its efforts to eliminate extremism and expose those who secretly support terrorism, extremism and separatism, Shohrat said.

The rental of a sea lion and a seal together would usually cost 100,000 yuan (,800) a month, and the price would rise during the holidays like May 1 and Oct 1 where a sea lion rental can fetch 50,000 yuan for three days.

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The relief measure, in the form of federal loans, is part of a federal response to the coronavirus pandemic worth around 3 trillion dollars, which was designed to help businesses survive virus restrictions.

The renminbi daily trading reference was 6.5841 per dollar on Wednesday, up 0.65 percent from Tuesday, the largest daily rise in more than a month.

The report also showed 68 percent of Chinese consumers prefer domestic brands, and even for the 62 percent of consumers who would buy foreign brands, domestic brands are still their first choice.

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The report came as concerted efforts were made to drive up domestic demand and boost consumption to support the post-COVID-19 economic recovery.

The relationship with the Philippines has always been a priority in China's neighborhood diplomacy and China is willing to maintain close high-level exchanges with the Philippines and deepen the political mutual trust, he said.

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The relations between China and Pacific island countries are now better than ever and face important opportunities of development. China will work with Pacific island countries to brave the wind and waves and set sail for a brighter future of our relations.

The report pointed out that the overall index in 2020 dipped to 110 from 119 in the previous year, reaching the lowest level in almost a decade. This was largely due to the global outbreak of COVID-19, which has changed the world political and economic landscape in profound ways, it said.