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China has set 2020 as the target to complete the building of a "moderately prosperous society," which requires the eradication of poverty.

China is part of the world, but more importantly, part of Asia. Likewise, China's development is an opportunity for the world, but first and foremost an opportunity for Asia. A healthy and growing Chinese economy will open up broader space for mutually beneficial cooperation with all other countries. All business leaders present today are welcome to take part in China's development, and share the opportunity China offers to achieve greater success of your business.

China has set 2020 as the target year to complete the building of a moderately prosperous society, which requires the eradication of poverty.

China is encouraging local authorities in regions with appropriate conditions to set up no-go zones for gasoline cars and use more new energy vehicles for public transport, which analysts and industry insiders say will help boost the industry's development.

China intensified its efforts to encourage the use of new energy vehicles to ease environmental pressure by offering tax exemptions and discounts for car purchases. And the country maintained the largest NEV market for three consecutive years, with 777,000 cars sold in 2017.