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China is already the largest market for many premium brands, including Mercedes-Benz and Porsche. Peng said his boss, Aston Martin's President and CEO Andy Palmer, asked why it is not the case with their brand.
China has reached the quantitative goals that characterize a moderately prosperous society. Rising from deep poverty just 40 years ago, it has now reached the status of an upper middle-income country. In December 2019, per capita income exceeded the ,000 per year mark in exchange rate terms. More meaningfully, adjusted for purchasing power parity, China's GDP per capita has almost reached ,000. Extreme poverty is almost gone and, despite the COVID-19 epidemic, will be eliminated this year. Plus, world-class road, railway, airport and internet connections now reach almost everywhere.
China is expected to invest about 800 billion yuan (4.29 billion) in railways, about 1.8 trillion yuan in highways and waterways, and 90 billion yuan in civil aviation, the Ministry of Transport said on Thursday.
China is Uruguay's top trade partner and the latter was the first country of Mercosur, a South American trade bloc, to sign the memorandum of understanding on the joint building of the Belt and Road Initiative (BRI) with China in 2018.
China is implementing a national AI development plan that aims to build a 1 trillion yuan (1.1 billion) AI core industry by 2030, which is supposed to stimulate as much as 10 trillion yuan in related businesses.
来源：资阳报