China's industry ministry will provide supportive policies for NEVs

BEIJING : China will improve supportive policies for its new energy vehicle industry and will promote such vehicles, as well as the use of green smart home appliances and building materials in the countryside, Industry Minister Xiao Yaqing said on Monday.

Xin Guobin, vice minister at China's Ministry of Industry and Information Technology, also said they expect China's new energy vehicle industry to maintain high-speed growth this year, and that they would accelerate domestic development of resources such as lithium, nickel to meet need to boost battery production.

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