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"Energy costs totaling 17.7 billion yuan have been reduced for enterprises since 2016," he said.

"EVCard will strive to be a branded traffic service provider that supports Shanghai's services upgrade," he added.

"Everybody loses in this scenario. Even those who think they may win, they don't. WTO has been trying to give this picture as clear as possible to everyone," he said.

"Even if there are concerns about 'dual authority', if that expression is appropriate, I can clearly say that it is impossible," he added.

"Didi's intensified overseas efforts, including this fresh fundraising, will no doubt pose a great threat to Uber. Uber's valuation is shrinking due to its operation problems while we witness Didi is ascending in overseas markets through cooperating with local partners," Zhang added. In the past few years, Didi Chuxing has been pushing its overseas presence rapidly with investments in several of Uber's rivals globally, including US-based Lyft, Brazil-based 99, India's Ola, Singapore-headquartered Grab, Estonia's Taxify and Careem in the Middle East. It also ended the battle with Uber in the Chinese market last year by acquiring Uber's local business.