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China's automobile market saw a sales decline in 2018 for the first time in 28 years, with passenger vehicle sales slumping for 10 consecutive months from last year to March, according to the China Passenger Car Association. As the central government halved subsidies for new energy vehicles this year, the promotion of car consumption depends more on local governments and enterprises.

China's AI market will continue to heat up, and the market size will maintain a growth rate of about 30 percent, according to a report by China Center for Information Industry Development. By 2021, the market of AI sector will exceed 80 billion yuan (.8 billion), the report showed.

China will lift shareholding limits in the shipbuilding and aircraft manufacturing industries for foreign investors this year, according to the National Development and Reform Commission.

China will make an action plan to achieve the goal of having CO2 emissions peak before 2030, according to the full text of the the Party leadership's development proposals.

China will introduce measures to help implement its high-profile Foreign Investment Law, Chinese Premier Li Keqiang said Friday.