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China has agreed a batch of energy deals worth billion with economies participating in the Belt and Road Forum for International Cooperation, which ended in Beijing on Monday, according to the head of China National Petroleum Corp, the country's biggest oil and gas company.
China has issued 3,325 force majeure certificates as of Friday to protect companies from legal damage arising from novel coronavirus epidemic, data released by the China Council for the Promotion of International Trade showed.
China has been keen to deepen trade ties with countries and regions participating in the Belt and Road Initiative. The country will seek to build new and upgraded transportation networks in addition to supplying bullet trains to countries in Asia, Africa and Europe.
China champions the development of "a community with a shared future for mankind", which has been widely accepted by the international community and become an important consensus of global governance.
China decided in late March to extend subsidies and tax exemptions for NEV purchases by another two years, which were set to expire at the end of this year, as part of efforts to help the industry survive the tough times as the coronavirus pandemic disrupted supply chain overseas.