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China is gradually switching from an approval-based IPO system to a more market-oriented system based on registration.

China is expected to surpass the United States as the company's largest automotive business market in three years, he said.

China has seen a steady decline in the number of gun and explosives-related crimes, putting it on the list of countries with the fewest such crimes in the world, the Ministry of Public Security announced on Tuesday at a news briefing.

China is about 10 percent of the group. We strongly believe there is a clear potential to double the market. Now, we have only been in China for 10 years. With double-digit growth each year, we are also planning double-digit growth for the five years to come. So, there's a huge potential in China if you know how to activate that market through digital retail experience. Product innovation, marketing localization, and omnichannel strategies will be the key for success. We're really excited about it.

China has stuck to the WTO dispute settlement mechanism since it joined the World Trade Organization in 2001, which contributed to the rule of law in global trade, said experts attending a recent symposium held by Wuhan University.