President Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and the spirit of the 19th National Congress of the Communist Party of China established Xi Jinping Thought on Ecological Civilization in the New Era, and made the overall plan to comprehensively strengthen ecological protection and resolutely fight the tough battle of pollution prevention and control. Development trend, promote industrial integration, establish a long-term and stable new energy vehicle development policy system, promote the construction of transportation ecological civilization to achieve new results, and better serve the transportation power. In particular, the introduction of the national new infrastructure strategy in 2020 provides an excellent policy basis for the development of new energy vehicles; Relevant documents have been issued one after another, taking 2020 as an important time node to increase the promotion and application of new energy vehicles, and comprehensively promote the development of new energy vehicles.
Therefore, the state has continuously introduced favorable policies for subsidies for new energy vehicles, coupled with rigid standards for environmental protection, to promote the rapid growth of demand for new energy vehicles, so as to achieve the purpose of alleviating China's energy crisis and environmental pollution. In 2016, new energy vehicles began to develop in full swing in the field of public transportation. By 2020, a qualitative leap will be achieved. A large number of public vehicles and shared taxis will be replaced by pure electric vehicles. The development of a new energy vehicle industrial park provides an excellent market opportunity. At the same time this year, the State Council executive meeting proposed for the first time that new infrastructure investment support policies should be introduced. At the beginning of March, the central government made plans to speed up the progress of new infrastructure construction, and the capital market continued to increase the enthusiasm for new infrastructure construction. On March 20, the Ministry of Industry and Information Technology issued a document to speed up the construction of new infrastructure as a top priority. On March 21, the National Development and Reform Commission also stated that it is necessary to accelerate the high-quality development of new infrastructure. The new infrastructure policy will promote the rapid development of 5G, artificial intelligence, industrial Internet, new energy economy, etc. Yulong Group plans development opportunities in the fields related to new infrastructure with advanced awareness, and understands the relevant development trends, combined with its own business model, with Clear development direction and target positioning.
