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China has remained the world's largest NEV market for three consecutive years, with some 777,000 cars sold in 2017.

China has the financial resources and the competitive advantages, Woodward said, adding that "investment coming from China will grow probably at a higher rate than European investment."

China is about to redefine 'auto' in automobile.

China has vowed continued efforts to prevent various financial risks and foster a healthy investment environment, with the country's two major stock exchanges having already released rules to force companies to exit the equity market for serious law violations.

China has vowed to leave no ethnic group behind in ending poverty and achieving a moderately prosperous society in all respects. The once impoverished county managed to lift itself out of poverty last year and is making strides toward becoming an all-around prosperous society.