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Auto market observers estimated that German carmakers BMW, Daimler and the country's largest carmaker Volkswagen (VW) will be the largest beneficiaries of China's move. The lowered tariff could bring BMW 1.2 to 1.75 billion euros (.05 billion) in profits before interest and tax, and Daimler 1.1 to 1.65 billion euros (.29 to 1.93 billion).

Authorities are implementing a pilot cross-border e-commerce project in Guiyang.

BEIJING - Agriculture, rural areas and farmer's issues remain China's top priorities for the 16th consecutive year as its "No 1 central document" prioritizes development of agriculture and rural areas.

BEIJING - A guideline stipulating that the State Council should report management of State-owned assets to the National People's Congress Standing Committee was adopted at a meeting Monday.

BEIJING - A think tank has predicted the total value of the logistics industry in China will approach 280 trillion yuan (.5 trillion) in 2018, an increase of 6.5 percent year-on-year.