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In September 2016, the top legislature approved a two-year pilot program to allow suspects to plead guilty in return for a lesser charge in 18 cities, including Beijing and Shanghai.

In September, the company announced it had raised 200 million yuan in series A financing to further expand its light-asset office network and start to tap into overseas markets in the Asia-Pacific, Southeast Asia and North America regions.

In September, Midea and Little Swan both released statements saying they would suspend trading in their stocks from Sept 10.

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In Thailand, two tourist boats, carrying a total of 122 Chinese tourists, sank in rough seas on July 5. All 35 Chinese passengers on one boat were rescued while 47 out of 87 Chinese passengers on the other boat died.

In Oct 2017,Jinjiang won the bid to host ISF Gymnasiade 2020, becoming the second city in China to hold the international youth sports event after Shanghai. Since then Jinjiang has been preparing for the event.

In March, the company joined an initiative launched by the Massachusetts Institute of Technology to advance research into computer vision, human intelligence-inspired algorithms, and medical imaging.

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In March, China launched the first national engineering laboratory for big data distribution and exchange technologies led by several enterprises and institutions including Inspur.

In May, the Chinese authorities took over Baoshang Bank Co Ltd, a Baotou-based medium-sized distressed commercial lender. This was followed by the restructuring of another two troubled regional banks, the Bank of Jinzhou Co Ltd and the Hengfeng Bank Co Ltd.

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In October, Tesla announced that it obtained a 1,300 mu (866,667 square meters) land for 973 million yuan for the facility. Two months later, the Shanghai municipal government said in a WeChat post that Tesla will start partial production in China in the second half of next year.

In Takahashi's opinion, there is no doubt that the achievements made by China's reform and opening-up policy are a miracle in human history.