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Back in January 1999, BYD's Europe branch was established in Rotterdam in the Netherlands. The branch focused on providing local customers with the company's new energy products including new energy vehicles, rechargeable batteries, solar panels, energy storage systems and rail transit system. It also offered after-sales services.

BUDAPEST - Hungary must strengthen its relations with China in the area of health, Hungarian Minister for National Economy Mihaly Varga said Tuesday, noting that Hungary considers China as a strategic partner in that particular domain.

Baowu is well known for its silicon iron and auto sheets, while Magang's vehicle wheel steel is widely used on bullet trains. The two companies' intention of forging a merger can be traced back to 10 years ago, but it failed to materialize due to insufficient policy support, Zhang added.

Baik Tae-hyun, unification ministry spokesman, told a press briefing Monday that the delegation's main focus is to encourage the start of the DPRK-US talks to advance the denuclearized peninsula.

Barnes & Noble also has curtailed the number of new store openings, with no openings in the past two years. But the company, which inked a partnership with Microsoft last year around its Nook digital reader business, isn’t tossing in the towel, even though other retailers such as Border’s and Tower Records have succumbed to Amazon.