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China's recovery "is probably the most positive factor for the world economy and also for Asia," said Rajiv Biswas, executive director and Asia-Pacific chief economist at consultancy IHS Markit. The world's second-largest economy "is a huge market for exports for most of the other Asian countries, and also for Australia and for New Zealand".
China-Russia trade has hit a historic high, but there is still potential to expand, Russian Foreign Minister Sergei Lavrov said.
China's pledge to further promote opening-up comes at a time when it has seen another round of increased foreign direct investment in the last quarter of the year, as it shifts its focus to attract such investment in high-end manufacturing, services and green industries to transform its economy.
China’s new energy carmaker BYD’s e-bus will be driving into Egypt as its second largest city Alexandria made an order of 15 vehicles on Jan 24 local time.They will become the country’s first pure electric buses in history. The order also includes 18 charging poles.The Governor of Alexandria Dr. Mohamed Sultan said it is a historical driving force to promote new energy transportation and sustainable development in Egypt.The Shenzhen-based vehicle manufacturer has become a significant player in Egypt’s public transportation market. In Cairo, the capital of Egypt, BYD’s sedan accounts for 40 percent of the city’s taxi fleet and its sport utility vehicle S5 is scheduled for a local launch in March.It also plans to construct a BYD SkyRail monorail through Alexandria’s congested city center and possibly develop the country’s solar energy sector.Besides selling products, the company alsointendsto assemble electric buses and electric cars in Egypt.BYD’s new energy vehicles have landed in more than 200 cities across 50 countries and regions.
China's tech giants Tencent Holdings Ltd and JD.com Inc will jointly invest 3 million in cash in Vipshop, the country's discount online retailer, according to a statement on the official WeChat account of JD on Monday.
来源：资阳报