China's NEV annual output exceeds 10 million

China's annual output of new energy vehicles (NEVs) surpassed the 10 million milestone on Thursday, with the country becoming the first one that has reached this annual output in the world, said the China Association of Automobile Manufacturers (CAAM).

China's Ministry of Industry and Information Technology and the CAAM jointly held an event gathering representatives of automakers at the Dongfeng Honda NEV production plant in Wuhan, capital of central China's Hubei Province to witness this milestone.

The participants also witnessed the production line roll off China's 10 millionth NEV this year.

According to the latest data, from the beginning of this year until Thursday, the output of 10 million units indicates a 4.3-percent increase compared to last year's total production of 9.587 million units.

Over the recent years, China's NEV secor has seen remarkable development milestones, ranking first in global production and sales for nine consecutive years.

"It took us nearly a decade for our NEV annual output to exceed a million units in 2018. About four years later in 2022, our annual output exceeded five million units per year. Today, in two years, we have reached an annual output of over 10 million units. The sector's development has been gradually gathering pace, and now China has become the first country in the world to produce over 10 million NEVs a year," said Guo Shougang, deputy director of the equipment industry department at the Ministry of Industry and Information Technology.

"Moreover, up to now, China has established a charging device infrastructure with the highest number of charging stations, the broadest coverage of charging facilities, and the most extensive range of supported vehicle types. This stands as a significant advantage that bolsters the rapid development of China's NEV industry." said Fu Bingfeng, CAAM's executive vice president.

According to experts, while meeting domestic market demands, Chinese NEVs have integrated into the global supply chain system, garnering welcome from consumers worldwide. This has not only gained popularity among a global audience, but has also made China's contribution to the world in reducing carbon emission, addressing climate change and promoting green and low-carbon development.

China's NEV annual output exceeds 10 million

China's NEV annual output exceeds 10 million

China's NEV annual output exceeds 10 million

China's NEV annual output exceeds 10 million

China's NEV annual output exceeds 10 million

The second Global South Think Tanks Dialogue kicked off on Thursday in east China's Nanjing, bringing together more than 400 representatives of think tanks across over 100 countries.

Co-hosted by the International Department of the Communist Party of China (CPC) Central Committee, the CPC Jiangsu Provincial Committee, and the China Council for BRICS Think-tank Cooperation, the event is designed to foster discussions on key themes of equality, openness and cooperation among Global South.

Liu Jianchao, head of the International Department of the CPC Central Committee, emphasized that the dialogue aims to implement President Xi Jinping's important proposal at the BRICS Plus leaders' dialogue last month, which has led to the official launch of the Global South Think Tanks Alliance on Thursday.

China is ready to work with Global South countries to uphold the spirit of independence, solidarity, justice, openness, and inclusiveness, and to jointly build a Global South community of shared future, Liu said.

The newly established Think Tanks Alliance, Liu added, will leverage its unique strengths to provide intellectual support and foster greater collaboration among Global South countries.

Foreign attendees believe the Think Tanks Alliance will serve as an important platform for strengthening communication, dialogue, and cooperation within the Global South. They also expressed their commitment to joining hands with China to implement the three major global initiatives proposed by President Xi—the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative—while advancing the building of a community with a shared future for mankind.

Global South think tanks gather in China for dialogue