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China's State Council said on Sunday that the country would continue to suspend additional tariffs on US vehicles and auto parts after March 31, in a goodwill gesture following a US decision to delay tariff hikes on Chinese imports.
China's EV market represented 45.1 percent of the global EV sales volume and is expected to grow at a CAGR (compound annual growth rate) of 29.4 percent from 2019 to 2025, reaching 4.2 million units in 2025, according to IHS Markit Report.
China's benchmark prices for spot interbank gold transactions were higher Friday. [Photo/Sipa]
China will further increase its tolerance for loans to small businesses that turned bad to help them traverse hard times due to the novel coronavirus outbreak, especially in regions where the epidemic impact is huge.
China will make sure that socialist modernization is basically realized from 2020 to 2035. From 2035 to the mid-21st century, China will develop into a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious and beautiful, Xi said.
来源：资阳报