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China will undertake key measures to further integrate the country's rural and urban areas and encourage the transfer and free flow of people and resources throughout the nation.

China's EV market represented 45.1 percent of the global EV sales volume and is expected to grow at a CAGR (compound annual growth rate) of 29.4 percent from 2019 to 2025, reaching 4.2 million units in 2025, according to IHS Markit Report.

China's National Day falls on October 1, and this year marks the 68th anniversary of the founding of the People's Republic of China. [Photo/VCG]

China's GDP is expected to expand 5.4 percent year on year in the third quarter, up from 3.2 percent in the second quarter, according to a recent research note by Bank of America Global Research.

China will slash import tariffs for automobiles and vehicle components starting July 1 as part of its efforts to further open up the world's largest car market, the Ministry of Finance said on Tuesday.