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China had 1.32 million charging piles for new energy vehicles by the end of June, including 558,000 public charging piles, the highest in the world, People's Daily reported, citing data from the National Energy Administration.
China announced the decision to set up Xiongan New Area about a year ago to advance coordinated development of the Beijing-Tianjin-Hebei region.
China has continuously stepped up efforts to implement monetary and fiscal policies to stabilize the economy. These efforts have helped bolster market expectations and confidence in the Chinese economy from enterprises, residents and foreign investors, economists said.
China has invited public opinion on allowing certain qualified market entities to get involved in oil and gas exploration and production and on further increasing the market share of non-fossil fuel, the National Energy Administration said on Friday.
China has placed great emphasis on tech development, with AI being a key field. The government has laid out plans aimed at building a 1 trillion yuan (2.1 billion) AI core industry by 2030, which is expected to stimulate related businesses by around 10 trillion yuan.
