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China put forward the "dual circulation" development pattern in May. Domestic circulation, or the internal cycle of production, distribution and consumption, is expected to be the mainstay of economic development while it is integrated with "international circulation" to promote the smooth two-way flow of goods and capital.

China put forward the "dual circulation" development pattern in May. Domestic circulation, or the internal cycle of production, distribution and consumption, is expected to be the mainstay of economic development while it is integrated with "international circulation" to promote the smooth two-way flow of goods and capital.

China welcomes ADB to support regional cooperation as it has always been doing, and strengthen the synergy between regional cooperation programs and initiatives like the Belt and Road Initiative, so as to promote the benefits of connectivity, he said.

China put forward the Belt and Road Initiative in 2013, with the aim of building a trade and infrastructure network connecting Asia with Europe and Africa along the ancient Silk Road trade routes.

China sold 507,000 new energy vehicles last year, ranking first worldwide, and the government expects such cars to reach 2 million sales by 2020 and to account for 20 percent of all auto sales by 2025.