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China's leading NEV maker, Nio, achieved a delivery of 10,000 units earlier than both the two rival automakers.
China's new tariff cuts covering a wide range of items from aircraft engines to sunglasses and whisky, which became effective on Jan 1, will help both global and home companies save operating costs and maintain robust growth, said experts and business executives.
China's high-speed rail system has grown to 25,000 kilometers, accounting for more than 60 percent of the world's total, according to the National Bureau of Statistics.
China's lower-tier cities are stealing the residential property market thunder from bigger places as home prices continue to rise, thanks to fewer restrictions on purchases there.
China's growth over the last 40-plus years has been called an economic miracle, but there are logical explanations for the country's achievements.