President Xi Jinping has instructed local people's congresses and their standing committees to creatively improve legislation and supervision based on local conditions.
The country's efforts to reform central SOEs have yielded some fruits. An effective governance structure for the central SOEs has been built and the central SOEs are now more market-oriented.
China is the world's largest NEV market. It produced and sold 614,000 and 617,000 NEVs in the first six months this year, up 48.5 percent and 49.6 percent from last year, respectively.