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China's NEV standards are the first mandatory national standards for the country's electric vehicle industry. The standards are of great significance in improving the safety of NEVs and help ensure the sustainable development of the industry, according to the Ministry of Industry and Information Technology.
China's CATL will invest 19.07 billion yuan (.75 billion) in businesses in the upstream and downstream sectors to recover its competitive edge, the company said last week. The announcement comes two months after it lost the crown of the world's largest power battery maker to LG Chem.
China will step up oversight of fintech sector by establishing regulatory regimes at local levels and bringing supervision on par with the fast-growing industry to rein in financial risks, said experts consulting the nation's top financial regulators.
China's Ministry of Public Security has issued a class-A arrest warrant for two fugitives involved in financial fraud. [Photo/VCG]
China will not surrender to external pressure, Vice-Finance Minister Zhu Guangyao reiterated earlier this month.
来源：资阳报