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China's wine market size is expected to reach billion in sales revenue by 2021 with an average annual growth rate of more than 30 percent, suggesting the strong wine-consumption potential of the world's most populous country, according to a recent report released by Vinexpo, one of the largest global exhibitions for wine and spirits, and the International Wine and Spirit Research.

China's total production and sales of new energy vehicles is expected to reach 5 million by 2020. As the average lifespan of power batteries is about five to eight years, according to Gao Gong Industry Institute, a Shenzhen-based research firm, China will see the amount of redundant batteries hit about250,000 metric tons in 2020, almost 20 times that of 2016.

Chinese Premier Li Keqiang (R) holds talks with New Zealand Prime Minister Jacinda Ardern at the Great Hall of the People in Beijing, capital of China, April 1, 2019. [Photo/Xinhua]

China-South Asia cooperation can boost not only Asia but the global economy, neutralizing factors causing the current slowdown, an expert told the Boao Forum for Asia's Economist Roundtable in Beijing on Monday.

China, he said, strongly condemns violent attacks against diplomatic agencies and urges Pakistan to take all practical measures to ensure the safety of Chinese citizens and institutions in the country, he said.