Rao Da, Secretary-General of the China Passenger Car Association: China's auto market will surpass the American auto market

At the beginning of 2009, the Chinese Government put several policies into place to encourage the development of its automobile industry. China allowed buyers to pay only 7.5-percent tax for purchases of cars with small engine displacements (less than 1.6 liters) in 2010,allows people to exchange their old, used vehicles for new ones, and subsidies to rural buyers.

According to Rao Da, passenger vehicle sales for the first 10 months of 2010 totaled 14.67 million, a rise of 35 percent from last year. It's predicted that the final numbers for 2010 will total 18 million, which will surpass a record high previously set by the auto market in the United States.

Farmers buying automobiles have been benefited from the policy. "The 'old cars for new cars' policy has also encouraged sales while protecting the environment," said Rao. "A major difference between China and foreign countries is that China's automobile market is policy-oriented; increases in automobile sales have largely come from the stimulation created by our national policies, and the sudden end of the policy may bring about huge burden for both enterprises and the market."

Xi Guohua, Vice Minister of the Ministry of Industry and Information: China's Internet industries have stabilized and expanded

2010 was a key year for China to tackle the global financial crisis and transform its mode of economic development. A significant increase in size of China's Internet industry has become a powerful force for driving China's economic development.

"China has about 420 million Internet users, the largest online population in the world," said Xi Guohua. According to Xi, 31.8 percent of China's population has access to Internet, and cell phone netizens have reached 277 million. The number of websites has reached 2.79 million.

The development of e-commerce in China is just starting, with its full impact and influence yet to be felt. 2010 saw the debut of China's first 3G mobile phone network, as well as other significant developments in mobile communication. Future developments will include the exploration of the "Internet of things," a concept which states that nearly every product produced in the future will be connected to the Internet in some fashion.

Mei Song, Director of Beijing Cultural and Creative Industry Promotion Center: China's creative industry has become a new economic growth engine

The development of China's creative industry was also a significant achievement in 2010."China's creative and cultural industries have become a new growth engine for the country's economy," said Mei Song. Beijing alone now has more than 50,000 creative and culture-oriented companies, with more than 1 million creative professionals. In 2009, the creative industry became a pillar industry only after financial industry by yielding 149.77 billion yuan ($22.62 billion) of added value. In the first half year of 2010, the figure hit 80.43 billion yuan ($12.15 billion), accounting for 12.6 percent of the GDP in the city.

It is estimated that Beijing's creative industry will generate 160 billion yuan ($24.17 billion) by the end of 2010. The city now has focused on exchanges with China's Hong Kong, Macao and Taiwan, designing to find overseas markets.

Mei pointed out that the creative industry has been spurred on by an increasingly strong financial support. On April 8, nine of China's financial and cultural bodies, including the People's Bank of China and the Ministry of Culture, came together to create a set of policies that would help to develop the industry even further.