"Those measures will certainly bring profound changes for our car industry's development," Xin Guobin told Xinhua, China's official news agency
China made 28 million cars last year, almost a third of the global total.
Both the UK and France have already announced plans to ban new diesel and petrol vehicles by 2040, as part of efforts to reduce pollution and carbon emissions.
Chinese-owned carmaker Volvo said in July that all its new car models would have an electric motor from 2019.
Geely, Volvo's Chinese owner, aims to sell one million electric cars by 2025.