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Based on the four "unified principles", the company came up with a strategy in 2006 of "prioritizing the development of international business."

BYD has already delivered 25 buses to AVTA, the company said.

Back in 2015, BYD sold five K9 electric buses or e-buses to Kyoto. That was a breakthrough because Japan is known for its manufacturing excellence and stringent requirements for technology and quality.

Baidu reported though that its revenue in the second quarter reached 26.3 billion yuan (.84 billion), up 1 percent year-on-year, beating analysts' expectations of 25.8 billion yuan compiled by financial markets data provider Refinitiv.

Barbie has become another popular Mattel brand. The perennial fashion doll, which was created in 1959, is a publishing sensation in China.