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China ready to safeguard multilateralism with Peru: Chinese FM - World - Chinadaily.com.cn

China needs to speed up drawing up regulations on exploitation, management and industrial policy so that gas hydrate, as combustible ice or flammable ice, can soon be applied to the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the country's economic development.

China overtook the US as the largest market for new energy vehicles in 2015.

China represents just over half of total deal value, outside of the US and Western Europe, over that same period, and that growth has been driven overwhelmingly by investment in technology enabled businesses and from venture capital, Ambrose said.

China plans to open the domestic market wider to foreign investment in several key sectors, and the manufacturing of new energy vehicles and the financial sector are among the priorities for liberalization in coming months, a spokeswoman for the nation's economic regulator said on Friday.