Briefly

Nation to promote NEV battery swapping

China will step up efforts to advance the construction of battery swap infrastructure in the latest move to promote quality growth in the new-energy vehicle sector, the Ministry of Industry and Information Technology said. The battery swap mode will be piloted in regions including Beijing and Hainan. Leading the world in NEV output and sales in the past five years, China has built 38,000 battery charging stations, 449 battery swap stations, and 1.3 million charging poles, MIIT data show. Enterprises are also encouraged to develop new battery charging and swapping technologies.

Investment talks with EU make progresses

China and the European Union held the 31th round of comprehensive bilateral investment treaty negotiations from Tuesday to Friday. Focusing on the text and the lists, both sides have made positive progress, the Ministry of Commerce said on Friday. China and the EU currently are on track to reach a comprehensive BIT by the end of 2020, as the two sides are making positive progress and accelerating their talks.

China Daily - Xinhua