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In 2017, Volvo Cars has reported a strong 27.7 percent increase in operating profit, earning a record 1.8 billion dollars, and the company itself, which was struggling when Geely took it over eight years ago, is thriving. As for Geely, it has seen substantial improvements in technologies and management after buying Volvo, and quickened its progress in making itself a global brand, which has set the stage for its investment in Daimler this time.

Deputies said that at the dawn of a new era, Inner Mongolia had embarked on a new development journey of poverty-reduction, economic transformation and green development.

BEIJING, Feb. 2 (Xinhua) -- The cooperation between China and Latin America is based on common interests and mutual needs, a Chinese Foreign Ministry spokesperson said Friday.

Long-standing as they are, these traditions touch upon reality for Chinese people this year, as the country is determined to win the battle against poverty, improve people's lives and build a great modern socialist country.

The Red Cross Society of China has decided to provide 1 million yuan (158,270 U.S. dollars) for rescue operations, saying that it is ready to send rescue teams to Taiwan.