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China's preschool education market reached 214.3 billion yuan in 2017, growing 9.11 percent year-on-year, said a report from qianzhan.com, an industry information provider. The market is expected to surpass 540 billion yuan by 2020, boosted by the second-child policy and the new-generation parents' emphasis on education. At the same time, the K12 (kindergarten through 12th grade) education market has also been flourishing in the nation. During the first six months of 2018, investments in China's K12 education market totaled 3.2 billion yuan. It is estimated that the online K12 education market will reach 88.4 billion yuan by 2020.
China, together with other countries, will push forward the Belt and Road cooperation under the commitment to achieving shared benefits through extensive consultation and joint contribution. As an old Chinese saying goes, "When you eat fruits, forget not the tree they grew on; when you drink water, forget not the source it came from." In the case of China, its development would not have been possible without the outside world, so in return, China will contribute more to global development. At the second Belt and Road Forum for International Cooperation that China will host in 2019, China will work with other interested countries to ensure sustained progress in Belt and Road cooperation, and to translate the principle of extensive consultation, joint contribution and shared benefits into concrete win-win outcomes. China will integrate the Belt and Road cooperation with its reform and opening-up efforts. Our approach is to drive reform and development through opening-up in all respects. China will never shut its doors. If anything, it will only open wider to the outside world. In the coming 15 years, the China market will further grow and expand, with an estimated import of 24 trillion US dollars worth of goods, and inbound and outbound investment of 2 trillion dollars respectively. The first China International Import Expo, scheduled for November in Shanghai, will serve as a new platform for such cooperation.
China's top film authority is working to introduce relief measures to help the domestic industry survive the COVID-19 crisis.
China's used car sector is set to gather momentum and grow on the back of new rules that allow cross-region movement of such vehicles for the purpose of sales.
China's photovoltaic module exports reached 31.5 gW, equivalent to .45 billion, last year, which accounted for 41.4 percent of China's total module output.