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China began the purchase tax deduction from Oct 1, 2015 to accelerate the auto market expansion.
China exported goods worth 11.86 trillion yuan (.71 trillion) in the first three quarters, up by 6.5 percent compared with the same period last year, according to the General Administration of Customs. At the same time, imports and exports of goods increased by 9.9 percent to 22.28 trillion yuan.
China has also committed to expanding its gas pipeline networks, with natural gas pipelines reaching 123,000 kilometers by 2025, when all Chinese cities with more than half a million residents each will have access to natural gas consumption, according to the National Development and Reform Commission.
China has been an exception to the Olson trap. Following intense study, consultation, and regional tests, China's government has been able to implement policy reforms that have enabled the process of economic upgrading. The Fourth Plenum's push for strengthened and formalized rule of law is the next essential step in the long process of economic growth and institution building.
China has become the most important global production base for virtual reality hardware, said a senior official at China's top industry regulator, the Ministry of Industry and Information Technology.
来源：资阳报