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China's CPI may register a mild rise of 2.1 percent this year, up from 1.6 percent in 2017, said a research note from securities firm Nomura. "We expect CPI inflation to moderate over the next couple of months as vegetable prices normalize. We do not expect contained inflation to affect Beijing's policy agenda to stimulate domestic demand and investment."
China's National Development and Reform Commission released a blueprint in January that outlined the country's plan to push self-driving technologies forward. China expects smart cars, with partially or fully autonomous functions, to account for 50 percent of new cars in the nation by 2020.
China will step up efforts to promote the development of artificial intelligence technology as electronic gadgets are becoming increasingly smart and the sector is in need of new growth engines, a senior official from the Ministry of Industry and Information Technology said.
China will implement more supportive policies for further opening-up and financial innovation, which is good for the healthy development of the entire capital market, Ma said. Global leading foreign asset managers will also bring advanced management ideas on customer service and more sophisticated investment risk warning.
China's aluminum industry is market-oriented and commercialized, Commerce Ministry spokesman Gao Feng said at a news conference in late July.