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China removed restrictions on new energy vehicles earlier this year, allowing foreign brands to set up wholly owned companies in the country, and US electric carmaker Tesla has signed a deal to build a manufacturing facility in Shanghai.
China sees Europe as a significant part of the Belt and Road Initiative, said analysts. Following the second Belt and Road Forum for International Cooperation in Beijing in April, seven European countries were set to endorse the BRI, according to a communique. Italy signed a BRI agreement with the Chinese government. Greece has also tightened its BRI relationship with China.

China will continue to push forward strategic reorganization and mixed ownership reform of central SOEs this year, said the head of the country's SOE regulator on Saturday.
China recently hosted a successful Belt and Road Forum for International Cooperation. Acting in the spirit of extensive consultation, joint contribution and shared benefits, the forum participants achieved fruitful outcomes in terms of boosting the connectivity of policies, infrastructure, trade, finance and people. Guided by a new vision of governance, we built a new platform of cooperation to tap into new sources of growth. The commitment of the Belt and Road Forum is highly compatible with the goal of the G20.
China urged the United States to treat its investors and enterprises objectively and fairly, the Ministry of Commerce said on Tuesday, adding it will closely monitor the impact of the latest US foreign investment act on Chinese interests.
来源:资阳报