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China saw robust sales growth of NEVs in the first four months this year with 360,000 NEVs sold, surging by 59.8 percent from the same period a year earlier.

This letter is a strong response to a few Western countries' groundless accusations against China, Geng stressed.

Yan Zhitao, deputy secretary-general of the foundation, said the project started reaching out to foreign recipients last year and would expand this year to help overseas pupils in need.

Car sales in China continued to drop in May, with about 1.913 million vehicles sold, down by 16.4 percent year on year, CAAM showed. Bucking the trend, sales of NEVs kept growing that month, edging up 1.8 percent year on year.

Slated for May 25-26, the forum will see discussions on a wide range of topics including fintech, defusing financial risks, as well as opportunities and challenges on wealth management.