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Based on the principle of mutual benefit and win-win, it realized local production in the countries and regions by exporting capital and technology. Under the initiative, Sinotruk is in steps expediting its expansion abroad by way of investment, joint venture cooperation and mergers and acquisitions－establishing manufacturing centers overseas and realizing localization of production and sales.

Bao Jun, an analyst at market research company iResearch Consulting Group, said compared with its counterparts, Didi had advantages in abundant cash and resources, which would make it easier to make quicker moves.

Back in 2010, only 22,000 Volvo cars were sold in China that year. The good performance in the Chinese market has become a strong impetus for reviving Volvo brand glory.

Bai said the discovery shows evidence of early economic and cultural exchange between China and the West.

BYD is working with local universities to train professionals and promote new energy transportation.