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China has been the world's largest car market for eight consecutive years.

China has improved the allocation of legislative power in the context of local development, and accorded local legislative powers to 240 cities with districts, 30 autonomous prefectures, and 4 prefecture-level cities. By October 2017 the cities and prefectures with newly accorded legislative powers had issued 456 local regulations and 193 government rules. It is stipulated in the Legislation Law that rules and regulations made by a department or local government, if not based on laws enacted by upper levels, must not impair the rights of citizens, legal persons, and other organizations, or increase the scope of their obligations, and must not increase the power of that department or reduce that department' s duties prescribed by law.

China has also decided to build Beijing, the country's capital, into a free trade pilot zone with an emphasis on digital economy, technological innovation and liberalization of the services sector.

China has made huge progress in reducing logistics costs, seeing cost cuts of 98.1 billion yuan last year, up from 55.8 billion yuan in 2016.

China has accelerated the opening of the domestic financial markets and deepened supply-side structural reform in the financial sector.