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The report predicted that the market will continue to expand within the next three years to reach 1 trillion yuan (2 billion).

The report said China's cloud computing, big data and Internet of Things markets grew to 90.7 billion yuan, 540.5 billion yuan and 1.2 trillion yuan, respectively, in 2018.

The report came as Texas Governor Greg Abbott on Tuesday urged people to stay home after the state reached another high in its daily number of COVID-19 cases.

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The report found that despite China's aging population, winning the love of millennial consumers is critical for brands to thrive. It also noted almost one new product is launched every three minutes in China in 2017, and consumers in China are facing cluttered shelves with new products trying to grab their attention.

The related courses in primary and secondary schools and universities will provide a steady stream of fresh blood for the AI industry.

The regional government increased loans for entrepreneurship and offered subsidies to companies that organized online or offline training sessions for workers during the coronavirus epidemic.

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The report showed that the sectors of cloud gaming and e-sports are booming amid technological upgrades across the country, with their actual sales revenue registering a year-on-year growth of 79.35 percent and 54.69 percent, respectively.

The regulation includes a lifelong accountability system that has been applied to other transport projects in China for years. "The ministry will devote equal efforts to investigate and handle quality issues related to rural road projects," Wu said. 

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The report revealed that last year also saw continued drops in blood wastage and better blood quality, thanks to improved tests and quality control system.

The renminbi has been more widely accepted by the countries and regions related to the Belt and Road Initiative after the currency was included in the International Monetary Fund's special drawing rights basket, he said. The basket is a set of supplementary foreign exchange reserve assets.