The penetration rate of new energy vehicles (NEVs) in China, a gauge of popularity, hit 44.3 percent in the first half of this year, setting a record high in the same period, China Machinery Industry Federation data showed Monday.
The NEV penetration rate refers to the proportion of NEV sales in the total vehicle sales within a certain period.
In 2020, China set the goal for NEVs to become mainstream, aiming for them to account for more than 50 percent of total auto sales by 2035.
China's NEV penetration hits record high of 44.3 pct in H1: data
China's NEV penetration hits record high of 44.3 pct in H1: data
China has remained the world's largest online retail market for a 13th consecutive year, with its digital consumption exceeding 23.8 trillion yuan (about 3.39 trillion U.S. dollars), official data shows.
The figure was released at a national e-commerce work conference held from Tuesday to Wednesday.
The conference said that China's e-commerce sector has achieved solid gains in high-quality development over the past five years, emerging as a new source of momentum to foster new quality productive forces and playing an important role in advancing the country's new development paradigm.
Despite rising external uncertainties, China has continued to expand its win-win cooperation, increasing the number of Silk Road e-commerce cooperation partner countries to 36.
E-commerce has become a major engine for job creation and industrial upgrading. Employment in the sector has surpassed 78 million, and express delivery volumes have seen an average annual growth of nearly 20 percent over the past five years.
Software and information services linked to cloud computing and big data have also expanded rapidly.
The conference outlined the Ministry of Commerce's e-commerce policy priorities for 2026, including strengthening innovation-driven growth, improving the country's development environment, and expanding international cooperation.
China remains world's largest online retail market for 13th straight year
