China's ministry of commerce has recently announced it will take a series of measures to further promote the export of new energy vehicles, Kallanish learns.  

"In recent years, our country's automobile sector, especially the NEV industry, has been flourishing with the obvious improvement in international competitiveness,” says Li Fei, ministry assistant at the ministry of commerce. “During January-July, the total NEV export volume had an on-year increase of over 90%, which has become a highlight in foreign trade."

Fei adds work will continue with related departments to support NEV enterprises to accelerate the construction of overseas marketing and aftersales network, strengthening the marketing and promotion of the brands.

“We encourage qualified overseas institutions of Chinese-funded banks to provide overseas consumer finance products. We will study expanding the export transportation channels and transport NEVs through China-Europe trains."

According to his speech in a meeting held by China's state council information office, Chinese foreign trade still faces risks such as expansion slow-downs, and increased difficulties in receiving orders. That’s why the government will also support the purchasing and the supply chain related to foreign trade.

Special attention will be given to cross-border e-commerce, logistics and warehouse construction. Other supporting systems in terms of financial risk management and channel development will also be enhanced, the official adds.