The report anticipated that the market size would surpass 5 billion yuan in 2019, with the number of users reaching 8 million people that year. Some companies have already benefited from the growing need and are developing and expanding quickly.
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.
The regulator expanded the number of provisions of the regulation from 37 to 94 and laid out detailed rules to strengthen regulations on issues including the qualification for insurers' shareholders, ownership structure and fund authenticity.
The regulator expressed confidence that China's international payments will continue in a balanced manner, given the sound performance of the current account and "the rather large room" for the nation to attract mid to long-term capital.
The report adopted by the meeting recorded recommendations made during the review, including poverty eradication, rule of law construction and innovation development.
The regional economic momentum was driven by robust domestic demand and a gradual recovery in the global economy and commodity prices, the World Bank said in a report titled "East Asia and Pacific Economic Update."
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The report highlighted that in last year's relevant index rankings, first-tier cities such as Beijing, Shanghai, Shenzhen and Guangzhou are among the top cities in the country in terms of economic, business, technological and sustainable competitiveness.
The report also showed that high power charging piles will become mainstream as EV owners, especially taxi drivers, favor quick charging. High-power charging piles greatly shorten the charging period and ease charging anxiety. For enterprises, high charging efficiency increases the rate of return on investment.
The release, published on the website of the Communist Party of China Central Commission for Discipline Inspection and the National Supervisory Commission, did not elaborate on details of the probe.
The renovation projects will prioritize communities built before 2000, focus on improving supporting facilities and civic infrastructure, and improve the level of public services in communities such as aged care, infant day care and healthcare, the Cabinet said.