The China Passenger Car Association expects MPV sales to reach 3.5 million by 2020 from 2.4 million in 2016.
The China Banking and Insurance Regulatory Commission had announced the new rules for the sector earlier this month. The new rules are seen to be more accommodative about the presence of third parties in the online lending operations of banks.
The Chang'e-4 probe, expected to be launched this year, will be the first to land on the far side of the moon and it will carry scientific payloads developed by the Netherlands, Sweden, Germany and Saudi Arabia. China will also send an ocean-observing satellite jointly developed with France into orbit in September this year.
The Chenshan Botanic Garden in Shanghai has successfully grown six trees from Newton's apple tree.
The Chinese have been the biggest force in Japan's tourism market for three consecutive years.
The China-Russia East-Route natural gas pipeline makes up the eastern portion of Russia's "Power of Siberia" pipeline and runs from eastern Siberia to China.
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The Chinese consul general in New York Huang Ping (center) rings the closing bell at the Nasdaq Stock Market on Jan 22 in celebration of the upcoming Chinese Lunar New Year, the Year of the Rat. [Jiang Chenglong / China Daily]
The China-Africa Development Fund, the first stock equity fund set up in China that focuses on investment in Africa, has invested in 91 projects in 36 African countries, with a total investment of .5 billion. Those projects are estimated to promote over billion of investment from Chinese companies.
The Canton Fair, officially known as China Import and Export Fair, claims to be the world's largest such exhibition, where more than 24,000 exporters and 196,000 buyers, mostly foreign, ink deals in booths spanning exhibition space equivalent to 2,500 basketball courts.
The China Council for the Promotion of International Trade will continue to leverage its unique advantages in linking up with the governments and companies, and communicating with internal and external parties, as well as working with all parties to create a better platform for Chinese companies to carry out trade and investment activities in various global markets.