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China is the world's largest auto market and also the fastest-growing market for new energy vehicles, thanks to the government's preferential policies to boost clean energy use to curb pollution.

China is set to overtake the United States to become the world's largest economy by 2032, according to the World Economic League Table, published annually by the Centre for Economics and Business Research, or CEBR, in London.

China has the potential to become the world's largest market for autonomous vehicles, said consulting firm Mckinsey. It estimates that such vehicles will make up more than 40 percent of new vehicle sales in China by 2040.

China is expecting the output of its environmental protection equipment manufacturing industry to reach 1 trillion yuan (0 billion) by 2020, as the country presses ahead with its green development plans.

China is experiencing a large-scale and fast urbanization process, which requires more modern, data-based and intelligent social governance, according to Peng Sen, president of the China Society of Economic Reform.