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China's average per capita disposable income is expected to grow further thanks to the country's steady economic growth and the reform on individual income tax, which has cut 855 yuan per capita in tax on average for Chinese people in Q1.
China will take new steps to provide better services to market entities and further facilitate employment and business startups in an effort to improve the business environment and energize market players, the State Council's executive meeting, chaired by Premier Li Keqiang, decided on Wednesday.
China will increase trade in agricultural products with countries involved with the Belt and Road Initiative, and promote industrial cooperation in the sector so exchanges and cooperation benefit all countries, he said.
China's advanced driver assistance system market will exceed billion by 2020, with a compound annual growth rate of above 40 percent, according to a report from Shenzhen-based Qianzhan Industry Research Institute.
China will overtake the United States to become the world's biggest economy by 2030, economists at HSBC Holdings Plc predicted in a study published on Tuesday, Bloomberg reported.
来源：资阳报