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China is the largest market for Starbucks after the United States. In May, Starbucks held its first China investors meeting in Shanghai with a goal to focus on "enhancing its immersive, coffee-forward approach to elevating the third place, building deeper customer relationships in digital and extending the Starbucks Experience to the on-the-go and at-home consumers."

China is the world's biggest intelligent electric vehicle market, and Chinese consumers have a strong demand for such vehicles and are very open to innovation or new things, which is completely different from Europe and the United States, Carsten Breitfeld, CEO and co-founder of Byton, said in an interview with China Daily.

China has unveiled a host of measures to free up foreign trade channels, with steps to facilitate the normal operation of international sea, air and rail routes and express delivery services as the novel coronavirus pneumonia pandemic disrupts world trade.

China has the world's largest network of charging facilities for NEVs, with one million charging poles installed by the end of June.

China is determined to roll out more policies to optimize the investment environment and tap investment potential of businesses in a bid to support the development of advanced manufacturing, according to the report.