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China will develop the digital creative industry with culture-led, advanced technology and a complete chain, and industry output value will reach 8 trillion yuan by 2020, according to the guideline on strategic emerging sectors in the 13th Five-Year Plan period.

China will maintain a prudent monetary policy in the year's second half, with potential policy adjustments depending mainly on the domestic economic situation and price levels, a senior central bank official said on Friday.

China's Great Wall Motors and German carmaker BMW unveiled their joint venture Spotlight Automotive in Zhangjiagang, Jiangsu province, on Friday. It marks the latest step of their plan to co-develop and produce electric vehicles for the global market.

China's average per capita disposable income stood at 8,493 yuan in the first three months, which rose 6.8 percent year on year in real terms.

China's Belt-and-Road Initiative is an attempt to link with Asian and European nations via a network of railways, roads, pipelines, and utility grids.