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China's big tech companies have been pouring billions of dollars into AI-based research and development. Internet search giant Baidu Inc was chosen to lead the establishment of the country's AI national laboratory on deep learning in 2017. Self-driving technologies are also important for national development. The Beijing-based tech heavyweight has also ramped up efforts to promote the commercialization of self-driving technology, and fully opened its autonomous taxi service Apollo Go Robotaxi in several cities.
China's automotive industry is poised to recover to the level of the previous year in 2020, the country's top economic regulator said on Wednesday.

China's business environment, especially IP protection, has been improved greatly in the past years, giving international businesses confidence to do business in the country.
China will introduce overseas traders to the domestic iron ore futures market at the Dalian Commodity Exchange from May 4, which is expected to help develop a widely accepted price benchmark, said a top official from the DCE.
China's M2 growth target this year was set at around 12 percent, one percentage point lower than the 2016 target.
来源:资阳报