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China expects vehicles with some autonomous functions to account for half of new vehicles sold in the nation by 2020, according to a guideline released by the National Development and Reform Commission.

China consistently respects WTO rules and will seriously evaluate the panel report and properly handle the case following WTO dispute settlement procedure, safeguard the stability of the multilateral trade mechanism and continue to push ahead with its agricultural development in lines with WTO rules, the official said.

China has launched supply-side structural reform with more efforts focusing on cutting overcapacity, reducing excess inventory, deleveraging, lowering costs, and strengthening areas of weakness.

China cherishes the high level of political mutual trust and strategic coordination between the two countries, and will continue to work with Russia to push forward bilateral ties, he said.

China has come closer to the long-standing leader -- the United States, which recorded a brand value growth of only 7 percent over the past year.