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China is a champion of Asia-Pacific cooperation and has taken concrete steps to promote cooperation on the ground. Close cooperation with other members of the Asia-Pacific is indispensable for China's development. China's development, on its part, offers broad opportunities of development for the Asia-Pacific. China will stay deeply engaged in the Asia-Pacific cooperation process, increase its input, deepen practical cooperation with other parties involved, and make new contribution to the development and prosperity of the Asia-Pacific region.

China is the world's largest car market for new energy cars, but such vehicles accounted for less than 3 percent of new car sales in the first half of the year, according to statistics from the China Association of Automobile Manufacturers.

China is the world's biggest intelligent electric vehicle market, and Chinese consumers have a strong demand for such vehicles and are very open to innovation or new things, which is completely different from Europe and the United States, Carsten Breitfeld, CEO and co-founder of Byton, said in an interview with China Daily.

China is the world's largest consumer of raw materials. Analysts believe China's copper demand will continue to grow in the coming years as the country invests vast amounts of money in new infrastructure projects, including green energy projects and electrical grids. The country is also pushing electric cars in an effort to reduce carbon emission. All the above require large amounts of copper products.

China is to ramp up its efforts to rein in unwanted steel output, especially that which is substandard and polluting, in order to contain risks from excess capacity and promote high-quality development in the steel industry, key industry officials said during the China Iron and Steel Association's annual midyear convention on Monday.