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Baidu-backed WM Motor announced Tuesday that it has raised 10 billion yuan (.47 billion) in round-D financing, more than any other Chinese electric car startup has raised in a single financing round.

Banks and rural credit cooperatives stepped up credit issuance with the aim of supporting these companies to keep producing medical products and protective supplies, said Pan Guangwei, executive vice-president of the China Banking Association.

Based on the principles of equality and mutual benefit, the strategic cooperation between China and Latin America has advanced and is multifaceted.

Barton is the co-founder of companies including Expedia and Zillow, a board member at companies including Netflix and Avvo, and an investor in a wide variety of startups. Hanauer branched out from his family business, the Pacific Coast Feather Co., to become the first person outside of the Bezos family to invest in Amazon.com, before leading aQuantive, Gear.com and many other companies, in addition to his role as a startup investor.

Based on the valuable experience it has accumulated over the past decades, the CPC will steer the country toward a healthier and long-term growth through deepening reform and widening opening-up, analysts say.