The renovation work was designed and carried out by Chang Te-wei after he became the assistant to the village head in mid-2017. The 42-year-old, from Taichung in central Taiwan, has nine years' experience in architectural restoration work.
The report said Chinese companies prefer the greenfield strategy largely because it offers optimal managerial control over the business during its earliest days. By establishing a new business entity, companies are also more likely to receive tax credits, infrastructure improvements, and other inducements from local governments in the United States.
The regulator also required that investors must use their own, legally obtained capital to acquire a stake in an insurer and investors are banned from using a holding company or transferring expected investment returns to evade the rules.
The report noted that the "Internet Plus recycling" model failed to develop as anticipated, and a lack of investment could force some operators into bankruptcy.
The report said the fast pace and high living cost put considerable pressure on the white-collar workers, adding that these two main factors make them feel less wanted in the cities.
The region's cotton output reached more than 5 million metric tons last year, representing 84.9 percent of the country's total, up 1.1 percentage points when compared with last year's figure, according to the Department of Agriculture and Rural Affairs of Xinjiang.
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The report also highlighted the recent push by China to emerge as a world-leader in the field of artificial intelligence (AI) and robotics, saying that this would serve as a bigger "game changer" for China than it will be for other countries around the world.
The regulator said it will comprehensively strengthen the rule of law in China's capital markets, promote the revision of the country's Criminal Law, and push the legislation of the Futures Law to better protect the rights and interests of investors.
The report highlighted goals for the courts in 2018, including focusing on legal services, keeping up with advanced technology, and improving efficiency.
The registered unemployment rate in urban areas came to 3.82 percent at the end of September, edging down from 3.83 percent three months ago.