The remarks came after the United States Secretary of State Mike Pompeo claimed on Tuesday that China is committing very significant human rights abuses against Uighur Muslims and other minority groups in mass detention.
The regulation will go into effect on May 1.
The report said 7 percent of Chinese companies have become what Accenture refers to as "Rotation Champions" by generating more than half of their revenues from new businesses started in the last three years.
The registration-based reform led by the STAR Market will play a key role in China's high-quality development, according to analysts.
The report also said in terms of products, most of the home appliances experienced different degrees of market shrinkage and suffered a fall in sales in the first half of the year. However, the sales of products for sterilization and disinfection increased significantly, such as disinfection cabinets, water purification equipment and dishwashers.
The report said 95 percent of Chinese respondents said they had used VR or AR technology in the past three months, which was more than three times the rate of VR use internationally.
湖北混合动力发动机系统解剖
The report said Tencent, with a shareholding of 18.98 percent, is Douyu's second-largest shareholder, second only to company founder, Chen Shaojie, who has a shareholding of 35.15 percent.
The region will also implement the ASEAN Single Window customs clearance initiative for sharing information and facilitating trade and investment.
The report predicted that up to 12 percent of all retail sales will be settled through mobile payments by 2020(up from 8 percent in 2015), other online payments will account for 16 percent (up from 9 percent in 2015), about 30 percent will be by cash (down from 61 percent in 2010) and debit or credit card payments will account for 41 percent.
The remarks came shortly after the Standing Committee of the National People's Congress (NPCSC), the nation's top legislature, passed the law and added it into Annex III of the Hong Kong Basic Law.