Blind Expansion And Disorderly Development Of Power Battery Industry Must Be Avoided, Vice Minister Of China’s Ministry Of Industry And Information Technology Says

On June 9, Xin Guobin, vice minister of the Ministry of Industry and Information Technology, stated at the World Power Battery Conference that the MIIT will optimize the management policy of the power battery industry, strengthen the overall layout of industry development, attract rational investment from social capital, and avoid blind expansion and disorderly development.