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China has made headway in phasing out overcapacity, a significant part of its ongoing economic restructuring. Annual targets of slashing steel capacity by around 50 million tons and coal by at least 150 million tons were fulfilled in August and October, respectively.
China has been the world's largest new energy vehicle market since 2015. Sales in China were expected to reach 1.2 million by the end of 2018, and the figure is likely to reach 1.6 million in 2019, according to the China Passenger Car Association.
China has been shaping a top-down consensus to develop artificial intelligence application in restructuring its economy, said a leading public policy scholar.
China has been promoting political solutions and believes that disputes should be solved through talks, Wang said, adding that it is firmly against the use of force. The country has stuck to the principle of noninterference in other countries' domestic affairs and respects their sovereignty and will. It is also firmly against imposing one's views on others, he said.
China has been restructuring its economy to rely more on innovation and consumption to achieve long-term growth.
来源：资阳报