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Bank of China Ltd, the country's fourth largest commercial lender by assets, and China Development Bank, a policy financial institution, signed a comprehensive cooperation agreement Thursday in Beijing.
BYD, China's new-energy vehicle giant turned coronavirus warrior, said it expects to export 1 billion protective masks by the end of May, as it has added production lines to meet a surge in global demand.
BYD said in a statement that the provision was "crafted by special interests and competitors to shrink the US electric bus market by targeting BYD, one of only three major manufacturers of electric buses in the United States."
Bai Ming, a senior research fellow with the Chinese Academy of International Trade and Economic Cooperation, an affiliate of the Ministry of Commerce, said FTZs in Guangxi and Yunnan, two main gateways in China's southwestern region, will help facilitate the opening-up to member countries of the Association of Southeast Asian Nations, and he highlighted the significance of the China-ASEAN Free Trade Area.
BYD and Chery showed a single-digit decline in May and the sales of some other Chinese car brands, including BAIC Yinxiang, Dongfeng Yulon and Hawtai Motor, saw a double-digit decline.
来源：资阳报