The continuous inflow of foreign capital was attributed to the current high profitability, low valuation, and increased openness of the A-share market, industry analysts said.
The country will also improve the regulations on foreign investors' strategic investment in mainland-listed companies as well as on their mergers and acquisitions with domestic enterprises.
The consultancy expects a much faster drop in the price of lithium-ion cells in the near future.
The country put into effect the landmark foreign investment law on Jan 1, 2020, providing institutional protection for the interests of foreign investors. It grants foreign-invested enterprises access to government procurement markets through fair competition and bans the use of administrative licensing and penalties to force foreign investors and firms to transfer technology.
The contract for settlement in December 2020 closed 0.32 percent lower at 98.43 yuan. The contract for settlement in March 2021 closed 0.3 percent lower at 98 yuan.
The conference also called on financial sectors to channel more resources into both major and weak domains of economic and social development.
成都seo排名优化公司
The country will move to lower burdens on the manufacturing sector as well as small and micro companies, moderately expand fiscal expenditure and increase financial input in areas including poverty alleviation, agriculture, technological innovation, environmental protection and efforts to improve people's livelihoods, Xu said.
The consultation on the Code of Conduct in the South China Sea with the Philippines which serves as the country coordinator of China-ASEAN dialogue relations, has been steadily moving forward, contributing to the peace and stability of the region and beyond, he added.
The country achieved a sales volume of 490,000 vehicles in the first 10 months of this year, up 45.4 percent from the same period of last year. The industry forecasts China will have 80 million new energy vehicles running on its roads by 2030.
The country also plans to shift the collection of consumption tax to the point of sales from the production and import stage, which will in effect boost local governments' revenue and offer them incentives to create pro-consumption environments.