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China's car market kept stable growth in the first half of this year, with sales of vehicles reaching 14.07 million — a 5.57 percent year-on-year increase — and output of vehicles expanding to 14.06 million, making for 4.15 percent year-on-year growth, according to Xinhua.
China will phase out the equity cap on automotive joint ventures by 2022, with the cap on manufacturers of new energy vehicles and special-use vehicles to be removed later this year, according to the National Development and Reform Commission.The commission reported the cap will be removed for commercial car producers in 2020 and passenger car producers in 2022. International carmakers will be allowed to have more than two joint ventures as well.
China will send six to eight new BDS-3 satellites into space this year, and the BDS-3 system is expected to be completed by the end of 2020. China started building the BDS-3 system in 2009.
China will join hands with its African friends to boost cooperation and common development, and push forward the development of China-African relations to higher levels and broader areas, Wang said in a keynote speech at the opening of the Fifth China-Africa People's Forum .
China will uphold domestic companies to import meat, vegetables, fruits and dairy products from Europe through the cargo train service, to meet the domestic demand, said the circular.
