MNI China Press Digest June 20: NEV, Li Qiang, Dual Counter,

Highlights from Chinese press reports on Tuesday:

• China plans to achieve extensive charging station coverage for new energy vehicles by 2030 across both rural and urban areas, according to guidelines issued by the State Council. Leaders said China would benefit from policy support for charging infrastructure to help carbon-emission targets and boost consumption. Authorities said China would promote the internationalisation of Chinese standards and strengthen data interconnection with electric vehicles, cities and highway travel service networks. (Source: 21st Century Herald)
• China and Germany can cooperate on high quality development and cooperation to maintain industrial supply chain stability, according to Chinese Premier Li Qiang. Speaking on a recent visit to Germany, Li said cooperation should be open, inclusive and benefit both countries. In particular, firms from both sides should have opportunities for partnerships in emerging fields such as innovation, green technology and low-carbon transition. Li met with leaders from Siemens, Volkswagen and Mercedes Benz. (Source: Xinhua)
• Analysts expect regulators in Hong Kong and Mainland China to expand the number of securities on the HKD-RMB dual counter, according to Yicai. Authorities have started the programme with 24 large cap companies, but will expand to smaller firms in the future. China will benefit from an acceleration of the yuan's internationalisation through the new counter. Analysts expect the programme next to allow mainland investors direct access to the Hong Kong stock market using yuan.