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China has officially started a program to export used vehicles, which analysts said will help meet growing demand for mobility and transport in emerging markets and speed up the country's efforts to improve its secondhand vehicle trade system.

China has established a bailout fund with a fundraising target of 100 billion yuan (.24 billion) to support centrally administered State-owned enterprises short on cash in order to avoid possible bond defaults, said the country's top State-assets regulator.

China has boosted market access for foreign firms, says former minister

China has been the world's second largest importer of goods for nine consecutive years, and took 10.2 percent of global imports last year. The Chinese government expects the country to import goods worth trillion in the next 15 years, according to the information released by the Ministry of Commerce.

China cut individual income tax by nearly 200 billion yuan from October 2018 to January 2019.