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BYD aims to sell more than 200,000 new energy vehicles in 2018.[Photo provided to China Daily]

Backed by China's new round of reform and opening-up, the fresh momentum generated by the RCEP will not only reinforce industrial and supply chains, boost cross-border investment, enhance the ability of all parties to fight the COVID-19 pandemic and promote the economic recovery but also put China's foreign trade growth on a firmer footing in 2021, said Wei Jianguo, vice-chairman of the China Center for International Economic Exchanges.

Baoneng has also been rumored to have become a major shareholder of Qoros Auto, a joint venture between Chinese automaker Chery and Kenon Holdings.

Bai Ming, deputy director of the international market research institute under the China Academy of International Trade and Economic Cooperation, said organizing the event online is not only a flexible measure to deal with the pandemic, but also an innovative measure to upgrade the traditional fair, as the internet and smartphones already play a big role in people's lives and business activities.

BUDAPEST - Chinese Premier Li Keqiang said Monday that Beijing is ready to work with Warsaw to step up win-win cooperation in various fields.