The regulations were made public on Sunday night, the circular said.
The report has pointed out the future direction for us and is a promise and an obligation the Party has made to the people and to history, said Jack Ma, chairman of Alibaba Group.
The report also noted that CVC firms invested heavily in software industries and internet startups, accounting for 40 percent of total CVC investments, much higher than the 13 percent investment in manufacturing.
The registration-based IPO system, which simplifies and shortens the previously lengthy approval process that companies have to go through before they are allowed to float shares on mainland stock markets, was first successfully tried out on Shanghai's new Nasdaq-style sci-tech board.
The report also said yuan-denominated private equity and venture capital funds were stepping up their pace of moving abroad. It said they were looking for overseas companies that were serving the Chinese market, or purchasing foreign assets and selling them to A-share listed companies.
The regulator will strengthen regulations on shareholder behavior, particularly those related to management control of banking and insurance institutions. Stern action will be taken against those found guilty of withholding the mandatory information and they may be forced to cede their shares in the company or face curbs on their shareholder rights, Guo wrote in an opinion piece published in the Economic Daily on Friday.
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The report also found that merchants would bear the full responsibility in such cases, and that e-commerce platforms do not bear joint liability for compensation since it is difficult for customers to present evidence that prove platform operators know their merchants are selling low-quality products.
The regulation has triggered discussion among the public, especially pet owners.
The report said the ministry, having made a general plan for 5G application, is estimated to formally issue 5G licenses at some point this year.
The report also pointed out that China needs to strengthen basic research of AI and nurture top AI talents to further promote AI development.