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China has set a target for new energy vehicles, which consist of electric cars, plug-in hybrids and fuel cell vehicles, to account for a fifth of auto sales by 2025, compared with the current 5 percent.
China hopes the two countries will meet each other halfway, manage their differences, expand cooperation, and put the growth of bilateral ties on a coordinated, cooperative and stable track, he said.

China is fully able to obtain a stable growth rate in foreign trade and help facilitate global economic recovery this year, thanks to the sustainable and stable improvement in trading activities in recent months and the country's fast-growing trade in services and other business sectors, such as e-commerce, according to Chen Wenling, chief economist at the Beijing-based China Center for International Economic Exchanges.
China is strengthening the management of its system for recalling new energy vehicles, as part of the country's efforts to forge well-organized and high-quality development of the world's largest NEV market.
China is ready to work with Singapore to expand cooperation under the Belt and Road Initiative (BRI). Lying at an intersection between two oceans and between land and sea, Singapore is a natural partner of the BRI. In May last year, the two sides signed the MOU on Belt and Road cooperation. We are now working vigorously to build the three cooperation platforms ofconnectivity, financial support, and third party cooperation. The New Land-Sea Corridor connecting our two countries has made better-than-expected progress. The Guangzhou Knowledge City has been elevated to a national-level project between the two sides. Third party cooperation is another promising area. We encourage our businesses to actively explore possibilities of cooperation in infrastructure, petrochemicals, shippingand logistics, industrial parks, e-commerce and other sectors on the basis of market principles and in line with the wishes of host countries.
来源:资阳报