President Xi Jinping's visit to Ningbo Shanshan, a lithium battery material supplier in Hunan province, on Monday, has sparked significant attention. During his visit, which was part of his efforts to promote a new industrial policy aimed at boosting economic growth, the share price of Ningbo Shanshan jumped by over 5%. This visit underscores China's commitment to its Electric Vehicle (EV) ambitions and the government's promise of support measures amid industry doubts. The visit also highlighted the importance of sci-tech innovation in the battery materials sector.
Battery materials firm pushes sci-tech innovation after President #XiJinping's visit https://t.co/qzHrdcnn0J
President Xi Jinping spotlights industry policy during visit to battery materials firm https://t.co/1xeQ26vUiC https://t.co/dT05o1BJ99
Chinese officials reaffirm commitment to EV ambitions and promise raft of support measures amid industry doubts https://t.co/6efLK7R1HU
President Xi Jinping visited a battery materials company in the southern Chinese city of Changsha as he seeks to promote a new industrial policy to boost economic growth https://t.co/onFqgcfS2E
The share price of #Lithium battery material supplier Ningbo Shanshan once jumped by over 5% on Xi's visit to BASF Shanshan. #China https://t.co/zJPPFkarJW https://t.co/tQbLeKgn7a
⚡Xi Jinping visited $BASF Shanshan battery material in Hunan province on Monday.-CCTV #China