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China's leading aircraft maker expects to sell at least 300 AC352s in 20 years

China's new energy vehicle giant BYD delivered 30,599 vehicles in March, around two-thirds the totals of the same month last year, but more than six times the figure last month.

China's fast-expanding wealth management industry has been considered a source of financial risk, as off-balance-sheet WMPs channel deposits into risky investments without enough regulation.

China's gross domestic product (GDP) has grown exponentially for the past 20 years through innovation that created leading industries in certain areas, resulting in the significant improvement in the quality of people's life, he noted.

China's digital economy reached 22.6 trillion yuan (.4 trillion) in 2016, over 30 percent of the country's GDP.