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China received 43.9 percent of global new orders last year and held 42.8 percent of the existing orders.

China will become one of the largest markets for optical computing technology due to its rapid adoption of artificial intelligence in everyday life, thereby creating huge opportunities for foreign companies, according to a top industry player.

China supports domestic companies in purchasing a certain amount of US farm produce in line with the rules of the market and the World Trade Organization, according to sources with the National Development and Reform Commission and the Ministry of Commerce.

China launched a pilot program last year providing individual income tax deferral on commercial pension contributions, investment gains and retirement distributions. The one year trial program took effect on May 1, 2018, and covered Shanghai, Fujian province and the Suzhou Industrial Park.

China tightened regulations for cash management-oriented wealth management products to firmly implement new rules governing the asset management industry, which is undergoing a huge transformation.