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Chinese property giant Evergrande Group acquired an electric-car battery company on Thursday, the latest example of companies moving decisively into the rapidly growing new energy vehicle industry, even though analysts say the sector faces bumpy roads ahead.
Chinese financial authorities have approved the application by a joint venture of American Express for setting up a bank card clearing and settlement institution. [Photo/IC]
Chinese companies and their American counterparts use the platform to communicate, to better understand each other, and to introduce services and products, said Yang Yihang, economic and commercial counsel at the consulate.
Chinese companies are now benefiting from favorable government policies, a growing demand for tailor-made AI chips and the country's huge digital population, which lay a sound foundation for large-scale AI applications.
Chinese authorities have explored funding infrastructure and public works through PPP models since late 2013, reducing local government debts and opening new opportunities for private capital.
来源：资阳报