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China's Foreign Ministry has already urged Sweden to reverse its 5G decision on Chinese companies, to prevent the move from having a negative impact on bilateral trade cooperation and the operations of Swedish companies in China.
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's Jiangsu province has approved 24 offshore wind power projects with a total capacity of 6.7 GW in January, with total investment of 122.29 billion yuan ( billion).
China's GDP was stable in the first quarter but March data points to weakness ahead, led by the eased growth of industrial production and slowed fixed asset investment. The PPI rose 3.1 percent year-on-year in March down from 3.7 percent in February, according to the National Bureau of Statistics.
China will encourage local authorities to roll out measures to help stimulate auto sales, Ministry of Commerce official Xian Guoyi said during an online news briefing.
来源：资阳报