Automotive industry in China ownership is expected to accelerate. China surpassed Japan to become the world's second-largest vehicle market in 2006, and passed the United States to become the largest in 2009. This growth is spurring demand for automotive parts, services, and after-care products. China is presently capable of manufacturing a complete line of automobile products and large automotive enterprises. Major domestic firms include the China First Automobile Group Corp. (FAW), Dongfeng Motor Corp. (DMC) and Shanghai Automotive Industry (Group) Corp. (SAIC). China encourages the development of clean and fuel efficient vehicles in an effort to sustain continued growth of the country’s automobile industry
Science and technology in China had been growing by an average 36% each year during the previous decade. Chinese IT companies have been moving away from narrow downstream services and products to having a full range. China, with the active support of the Chinese government, is a leading pioneer in Internet of Things technology. According to the China Internet Network Information Center there were 751 million internet users as of 2017, with 53.2% of the population being internet users. The number of mobile internet users reached 724 million, with high penetration rates for mobile phones and broadband internet. By 2017, China has the largest e-commerce