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China's advanced driver assistance system market will exceed billion by 2020, with a compound annual growth rate of above 40 percent, according to a report from Shenzhen-based Qianzhan Industry Research Institute.
China's ODI in economies participating in the Belt and Road Initiative climbed 22.4 percent year-on-year to .61 billion in the first three months this year, the ministry said.
China will release guidelines to reduce foreign investment restrictions on new energy vehicles as soon as possible, the Ministry of Commerce said on Thursday.
China's Ministry of Commerce also described ending trade controls on Chinese solar panels as a successful model of resolving trade frictions through consultations, adding it will restore China-EU trade of solar panels to normal market conditions and provide a more stable and predictable business environment for both industries to realize win-win results.
China's auto sales hit 2.3 million in June, up 11.6 percent on a yearly basis, while monthly output witnessed a 22.5 percent increase to 2.33 million, according to the China Association of Automobile Manufacturers.
来源：资阳报