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The region has witnessed a surge in cross-border tourism in the past year, with the number of visits to the region's eight prefecture-level border cities increasing 25.8 percent year-on-year to 53.2 million, according to the regional government.

The report showed only 43 percent of the surveyed consumers knew about the guideline, and more than 22 percent were able to meet the standard. More than 50 million Chinese never drink milk as they do not like the taste and are not used to drinking it, the report found.

The region has made a list of all banned fishing ships, increased ocean patrols, and stepped up supervision in boat parking areas, said the local fishery department.

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The report is based on a closely-watched private survey: the Caixin/Markit Manufacturing Purchasing Managers' Index.

The report suggested wrongdoing within the executive branch extended beyond Trump.

The report states that chemical markets across a range of industry sectors are growing, driven by economic development, population dynamics and other global megatrends. The chemicals market in the construction sector, for example, is expected to grow by 6.2 percent annually between 2018 and 2023.

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The remarks came after President Xi Jinping, also general secretary of the Communist Party of China Central Committee, vowed in a symposium to unswervingly encourage, support and guide the development of the nonpublic sector, and encourage private enterprises to develop more broadly.

The regulator has urged banking institutions to step up efforts to dispose of NPLs and further expand channels for NPL disposal. It will launch a pilot program allowing banks to transfer nonperforming personal loans, including consumer loans, home mortgage loans and credit card overdrafts, in a batch to asset management companies.

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The remarks followed a central bank announcement Tuesday to ease restrictions on foreign institutional investors in a step to further open its financial market.

The report cited another source as saying the transaction could value Value Partners at more than billion.