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Apart from competitive price cuts, the NEV market is another battleground. To meet the rising demand for NEVs, special booths were set up at the expo where visitors can view the latest technologies, new materials and innovative designs in NEVs.

Anta's FILA brand and Anta Kids have also achieved good results, Zhang said. "Each of Anta's acquired international brands has its own specific targeted consumer group," he said.

Another measure listed in the document pertains to the fast-tracking of review and approval for drugs and medical devices that have obvious clinical advantages in the diagnosis or treatment of AIDS, malignant tumors, major infectious diseases, rare diseases, and diseases that elderly and children are most susceptible to.

Another future task for the new energy vehicle industry is to support new energy vehicle makers' innovation in terms of platforms and integration, and further elevate vehicles' overall performance to the level of conventional fuel vehicles, or even beyond, according to Miao.

Another measure is to accelerate the pace of checking and releasing imported equipment for production and raw materials, the GAC said.