The fall in lithium battery prices is the primary impet

tus for the development of the EV industry. The economical advantage of EVs will c

ontinue to promote the development of the industry after 2025,” Kou from Bloomberg New Energy Finance said.

Although Chinese high net worth individuals remain bullish on their personal finances at a time of market volat

ility, experts say they should diversify their investments to offset possible losses and achieve stable profits.

According to UBS global wealth management’s quarterly investment sentiment s

urvey released in early May, about 73 percent of the 1,740 high net worth individuals interviewed in the A

sia-Pacific region said they are confident about their personal financial situation in the next 12 months, while 85 pe

rcent of Chinese respondents hold such a view, which was the highest among all surveyed North Asian markets.

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