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China is in the middle of capacity cuts in coal and steel sectors. Last year's annual targets to slash steel capacity by around 50 million tons and coal by at least 150 million tons were fulfilled in August and October, respectively.
China is ramping up efforts to boost new types of consumption and foster consumption upgrading amid the novel coronavirus outbreak, the nation's top regulator of the industry said on Wednesday.
China is capable of addressing potential risks in the manufacturing sector, as the nation's massive industrial scale and increased innovation capacity give it both the resilience and leeway to maintain sound momentum, said Miao Wei, minister of industry and information technology.
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 is ready to work with Vietnam to effectively tackle and manage their differences and explore joint development, State Councilor and Foreign Minister Wang Yi said on Monday.
来源：资阳报