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China has been launching supportive policies to reduce the tax burden for photovoltaic companies for years. In 2013, the government started a 50 percent VAT tax refund, which can be redeemed when photovoltaic power generation companies pay their taxes.

China decided in 2018 to phase out the equity cap in the automotive industry. In the same year, BMW became the first international carmaker to acquire a majority stake in its car-making joint venture.

China became the world's largest auto market in 2009. The market soared in the following 10 years, with vehicles sales reaching 25.77 million in 2019, almost double the 2009 figure.

China has a long-term vision about its high-quality development, particularly in terms of tackling the problems of unbalanced and inadequate development in the country, he said.

China has a four-tier color-coded weather warning system for storms, with red representing the most severe, followed by orange, yellow, and blue.