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China is the world's largest e-commerce market, accounting for more than 40 percent of the value of worldwide transactions, and in terms of mobile payments, China has a transaction value 11 times that of the United States, according to a recent report by McKinsey Global Institute.

China has the world's largest express delivery sector, accounting for more than 40 percent of the world's total delivery volume.

China is in the driver's seat when it comes to automotive electrification and vehicle-to-infrastructure connectivity, thanks in part to a strong government commitment to catapult the world's largest car market to the forefront of pioneering practices, according to a top executive from General Motors Co.

China is about to redefine 'auto' in automobile.

China is capable of achieving a growth target of around 6.5 percent this year and domestic consumption will be a key growth driver, He Lifeng, minister of the National Development and Reform Commission, said Tuesday.He said the government will roll out more policies to boost investment, including greater support for private investment. He estimated investment will contribute about one-third to overall economic growth this year.Domestic consumption will be a strong growth driver and could contribute around 60 percent to the growth, along with the development of emerging industries and modern service sector, He told reporters at a news conference on the sidelines of the ongoing annual session of the National People's Congress, China's top legislature.The minister also expected China's foreign trade to maintain stable growth this year, as it is expected to contribute 8 to 9 percent to the country's overall economic growth.