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China has been offering financial incentives for new energy vehicles since 2010 to stimulate popularity and growth, but the government has decided to withdraw them by the end of 2020.
China has been easing ownership requirements as limits on foreign ownership of electric vehicle (EV) producers will be eliminated this year followed by a similar repeal for makers of commercial vehicles in 2020 and passenger vehicles in 2022.
China can minimize the impact of raising tariffs on farm products from the United States by increasing imports from other countries and adjusting domestic agricultural patterns, but the US may lose the Chinese market that its farmers have been exploring for decades, a senior official in charge of agriculture has said.
China believes in driving economic growth through innovation and skills transfer.
China has more than 1,100 projects empowered by 5G technology and industrial internet, and over 30 industries including raw material and healthcare have seen the application of industrial internet, said Xiao.
来源：资阳报