China will further deepen opening up and international cooperation in automotive industry, especially the new energy vehicle (NEV) sector, said an official from its Ministry of Industry and Information Technology on Saturday.
At the main conference of the 2025 World New Energy Vehicle Congress (WNEVC 2025), Xiong Jijun, vice minister of the Ministry, highlighted China's commitment in promoting international cooperation in NEV sector.
"As a carrier of multiple advanced technologies, new energy vehicles inherently require cross-sector collaboration for their development. We must steadfastly pursue globalization, jointly create a fair, non-discriminatory, and predictable market environment, and work together to maintain the stability of industrial and supply chains while promoting the smooth and efficient flow of resources and other elements," said Xiong.
Xiong also noted that China has already lifted foreign ownership restrictions on the NEV sector. Over the years, some auto makers such as Tesla and Lexus have set up wholly foreign-owned enterprises in China, while companies including Volkswagen, Mercedes-Benz, Toyota, and General Motors have deepened collaborations with Chinese companies.
The WNEVC 2025 kicked off in Haikou of south China's Hainan Province on Saturday.
The 3-day congress features series of activities such as conferences and seminars, technology exhibitions, and technology evaluations.
Data from the Ministry of Industry and Information Technology shows that in the first half of the year, global new energy vehicle sales reached nearly 10 million units, accounting for 21.3 percent of total new car sales, an increase of about 4 percentage points compared to the same period last year.
China vows to deepen opening up, cooperation in auto industry
