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Chinese rail vehicle manufacturer CRRC Zhuzhou Electric Locomotive will upgrade its facilities in Malaysia this year as it looks to win the service contract for the upcoming Singapore-Malaysia high-speed rail project, its chairman said.
Chinese banks are operating more prudently and their ability to withstand risks has already improved under the current environment of stringent regulation, Xie noted.
Chinese electronics giant Xiaomi launches in the United Kingdom next week when it will open a store in London and stock smartphones in shops run by mobile carrier Three, the company said on Tuesday.
Chinese officials hand over ,000 and protective medical supplies to the government of Lagos, Nigeria's economic hub, April 17, 2020. [Photo/Xinhua]
Chinese companies are also teaming up to develop smart cars. A total of 21 Chinese companies are planning a 1 billion yuan (4 million) joint venture that will specialize in research and development of such cars. Among investors are FAW Group Corp, Dongfeng Motor Corp, China Mobile, China Unicom and ridesharing giant Didi Chuxing's parent company, Beijing Xiaoju Technology, according to Shanghai Baolong Automotive Corp, also a potential investor, in its filing with the Shanghai Stock Exchange in late December.
来源：资阳报