Analysts said the main beneficiaries, at least in the short term, would be manufacturers focused on new-energy vehicles, including USA electric carmaker Tesla, which has been seeking to set up its own plant in Shanghai.
One vehicle company likely to gain is electric auto giant Tesla led by entrepreneur Elon Musk, who this year had asked US PresidentDonald Trump for help on the market access issue, alluding to the troubles his firm has faced producing in China.
"The biggest challenge for China's economy this year is a possible slump in the growth of consumer spending", said Jiang Chao, chief economist at Haitong Securities.
The solid first-quarter performance extended the economic strength of last year, when China's GDP logged 6.9 percent growth, picking up pace for the first time in seven years.
While cranking up the pressure on USA farmers, China also announced plans Tuesday to allow full foreign ownership of automakers in five years, ending some restrictions that have helped fuel its trade dispute with Mr. Trump as it promotes electric vehicle development.
"We believe a more free and flexible business environment will benefit both Chinese and foreign companies in China and the Chinese economy".
President Xi Jinping announced the plans for the auto industry last week without giving any timeline.
Since then, President Trump has threatened to raise duties on up to $150 billion of Chinese goods in a dispute over technology policy. The NDRC announcement could allay those complaints by giving specific dates for completion of the reforms.
The NDRC also said the shipbuilding industry will do away this year with foreign ownership restrictions for firms designing, making and repairing vessels.
All sectors are open to foreign investors except for those outlined in the negative list.
The new list will include the already announced opening of the financial services and auto sectors, and expand to include further opening for the energy, resources, infrastructure, transportation, and other sectors, the NRDC announcement said.
SHANGHAI-China said Tuesday it will phase out rules requiring foreign auto makers to share their factory ownership and profits with Chinese companies by 2022, answering USA calls for a level playing field in the world's biggest auto market.
One of the accused Sunil Joshi, a member of RSS in Madhya Pradesh, was killed by unknown assailants during the investigation. Owaisi, in an earlier tweet, claimed that the NIA did not properly pursue the case, leading to the acquittal of the accused.
UK Prime Minister Theresa May confirmed Britain's involvement in the intervention. "We would have preferred an alternative path". Syrian television reported that a scientific research center had been hit.
The Bucks trailed late, but still held a shred of hope when Antetokounmpo went to the free throw line with 14.8 seconds remaining. Al Horford , however, was the one player who set the tone on both ends, and made sure absolutely everything had to be done.
Apparently, Facebook monitors your activity by the kind of apps an individual uses and promotes targeted advertising through this. That's because the core function of Facebook - connecting people - is something that can be done elsewhere without having to pay.
The site west of the city of Homs was an alleged underground chemical weapons storage facility, doubling as a command post. According to USA officials, the operation comprised three United States destroyers, a French frigate and a U.S. submarine.
These differences indicated that PETase may have evolved in a PET-containing environment to enable the enzyme to degrade PET . However, Ideonella sakaiensis on its own is not useful in industrial recycling on its own as it digests plastic too slowly.
Earlier this week, Trump called the chemical attack in Douma "atrocious" and vowed that those responsible would "pay a price". In an address to the American people on Friday, Trump called out Russian Federation and Iran for supporting Assad's regime.
Fischer: There's some past reports that have been out there that indicate that Facebook collects about 96 data categories. Facebook is now alerting users with two notifications : one if you were affected and one if you weren't.
American civil rights activist Jesse Jackson is expected to attend, as are the presidents of Namibia and the Republic of Congo. The crowd, which included former presidents Jacob Zuma, Kgalema Motlanthe and Thabo Mbeki, roared in approval.
According to the Daily Mail , Kylie Jenner is the only member of her family who has not been avoiding social media lately. The entrepreneur held tight to a Louis Vuitton traveling bag with one hand, opting to wear her dark tresses in a bun.
Nafta agreement could come in weeks, say Pence and Trudeau
Pence and his team were traveling to Peru for the Summit of the Americas on Friday when the drama unfolded, according to Axios . Pence said he was "very hopeful" that Mexico, Canada and the US were close to an agreement on the negotiated trade pact.
Regular excess drinking leads to a shorter life, study says
There was no clear threshold below which alcohol consumption stopped being associated with these conditions, the researchers said. The 2016 United Kingdom guidelines recommend no more than 14 units a week, which is six pints of beer or seven glasses of wine.
Russian telecom watchdog says Telegram will be banned soon
Telegram's lawyer, Pavel Chikov, said the official attempt to stop the app being used in Russian Federation was "groundless". The FSB has said it needs access to some messages for security reasons, including countering terrorist activity.
Erdogan anxious by world powers' 'arm wrestling' on Syria
In recent months, however, Ankara has been working closely with Moscow, a major ally of the Assad government, on Syrian issues. Trump also blamed Russian Federation for being partners with "a gas killing animal", referring to Syria's Bashar al-Assad.
(NYSE:JPM) Quarterly Profit Surged 35%
It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. (NYSE:CTL). B And T Capital Management Dba Alpha Capital Management owns 42,544 shs. (NYSE:CTL) for 22,598 shares.
Gmail redesign could feature self-destructing emails
The message behind the link disappears after some time, but this doesn't mean that the intermediate email also disappears. The upcoming, redesigned Gmail looks like it will have several new features to protect the privacy of your emails.
Sunny weekend days for Modesto, then more rain
The green/red lines to the left of the solid blue line (which I point out with an arrow) show a shallow layer of cold air. For comparison, mid 80s is what we see for highs in the height of summer and mid 30s is typical for the dead of winter.
Relief for Liverpool as Bayern Munich appoint new coach
Kovac has overseen the most global dressing room in the Bundesliga, with 18 different nationalities represented at the club. After former Dortmund coach Thomas Tuchel rejected an offer, announcing he will join a big European club overseas .