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China FAW Group Co Ltd, a Changchun-based State-owned automaker, plans to invest 110 billion yuan (.2 billion) in new technologies and products such as new energy, connected and smart vehicles during the 14th Five-Year Plan period (2021-25).
China announced in 2018 a series of measures for further opening-up, including creating a better investment and business environment, lowering the tariffs on numerous consumer and industrial goods, and releasing a new negative list on foreign investments.
China announced on June 16 that it would levy an additional 25 percent tariff on 659 goods worth billion from the US, including agricultural products such as soybeans, pork, beef and certain kinds of vegetables and fruits in response to US plans to impose tariffs on billion in Chinese goods.
China Petroleum & Chemical Corporation (Sinopec) has unloaded the world's largest liquified natural gas (LNG) carrier "AL MAFYAR" for the first time as it berthed in North China's Tianjin municipality. [Phoyo/zgsyb.com]
China and the US have been embroiled in tit-for-tat trade tensions over the past few months. There's rising concern that the trade dispute between the world's two largest economies will threaten global growth prospects.
来源：资阳报