Japan's Nikkei 225 opened 388.48 points higher (+0.59%) at 66,650.64 on Thursday, Aug. 27.

China benzene most-active futures contract hit the daily limit down, sliding 6% to 7,320 yuan/ton.

During the 14th Five-Year Plan, China’s new-energy vehicle industry jumped from the million-unit scale to the ten-million-unit scale: annual sales rose from 1.367 mln to 16.49 mln and NEVs’ share of new-car sales climbed from 5.4pct to 47.9pct. China now accounts for over 70pct of global output of new-energy vehicles, power batteries and key materials, with products sold in more than 100 countries and regions. For the 15th Five-Year period, Chinese authorities will push to raise product supply quality, advance pilots for intelligent connected-vehicle admission and road testing and for car–road–cloud integration, and strengthen supporting use environments to address consumer adoption concerns.