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China, as the world's largest car market and auto producer, occupies only a small proportion in international auto export. The number of cars exported last year accounted for 3.6 percent of domestic sales last year.

China's total production and sales of new energy vehicles is expected to reach 5 million by 2020. As the average lifespan of power batteries is about five to eight years, according to Gao Gong Industry Institute, a Shenzhen-based research firm, China will see the amount of redundant batteries hit about250,000 metric tons in 2020, almost 20 times that of 2016.

China's year-on-year GDP growth reached a higher-than-expected 6.9 percent in the first quarter and is widely expected to be 6.8 percent for the second quarter before easing mildly in the coming quarters.

Chinese State Councilor and Foreign Minister Wang Yi (right) shakes hands with High Representative of the European Union for Foreign Affairs and Security Policy Federica Mogherini in New York on Sept 27, 2018. [Photo/Xinhua]

China-CEEC cooperation, also known as the "16+1"mechanism, is an open, transparent and inclusive cross-regional organization, and a vital part of and helpful supplement to China-EU relations, Li said.