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China also has experienced strong trade growth with the European Union.

China and the ASEAN signed a free trade agreement in 2004 and established the China-ASEAN Free Trade Area a decade back. In November 2018, the two sides upgraded the protocol of their free trade agreement to build the largest free trade zone among developing countries.

China aims to increase its annual domestic crude oil output to more than 200 million tons by 2020, while domestic natural gas supply capacity should exceed 360 billion cubic meters.

China and Sweden must develop their ties on the basis of equality and mutual respect, Chinese Ambassador to Sweden Gui Congyou said, urging "some forces" in Sweden to drop their "condescending attitude" toward China.

China Petroleum and Chemical Corp, or Sinopec, which has the largest number of gas stations in the country, has been focusing on the construction of hydrogen refueling stations for vehicles in recent years, taking advantage of its extensive network of gas stations nationwide and its chemical by-products. The world's largest refiner has also conducted research on hydrogen fuel cells.