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China is the biggest e-commerce market in the world, with its consumers spending 7.18 trillion yuan (.1 trillion) online last year — 32 percent more than 2016, according to data released by the National Bureau of Statistics.
China is already the single largest market by sales for Daimler and its German rival Volkswagen. Figures released on Friday by the Federal Statistical Office showed cars were the most valuable German exports in 2017, underscoring the growing importance of German-Chinese trade for overall economic growth.
China intends to have completely overhauled its tax administration system by 2020.
China is realizing the value of the IoT and transforming society through the deployment of smart home, smart industry and smart city solutions. By delivering real-time information, IoT products are making cities smarter and lives of the Chinese more convenient and efficient.
China is among the economies with the most notable improvement in business climate, according to an annual report released by the World Bank Group on Thursday, which compares business regulation in 190 countries and regions.
来源：资阳报