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China has remained the world's largest new energy vehicle market for three consecutive years, as the country intensified efforts to encourage the use of such vehicles to ease pressure on the environment by offering tax exemptions and discounts for car purchases.

China has set up 82 economic and trade cooperation zones in the 24 countries, and these zones have paid more than billion in taxes to the host countries. [Photo/VCG]

China has reiterated its stance to better protect intellectual property rights and encourage innovation and business startups, and making counterfeits will not be tolerated, said Zhu Lijia, a professor of public management at the Chinese Academy of Governance.

China is now one of Ingersoll Rand's "strongest and most promising" markets, and the proportion it contributed to the company's global business has been constantly increasing, said Daniel Deng, vice-president of Corporate Affairs & Communications, Asia-Pacific.

China is the second-largest user of the Panama Canal after the United States. The Panama Canal Authority recorded a total of 44 million metric tons of cargo moved to and from China through the canal during the 2017 fiscal year, accounting for 18.3 percent of the canal's total flow of goods.