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China is buying more of the kinds of products that the US has a comparative advantage in producing. The US has strong capabilities in agricultural products, energy, and some kinds of manufactured products. Trade in these products is good for China and for the US.
China is Spain's largest trading partner outside the EU while Spain is the sixth-largest trading partner in the EU for China. Bilateral trade volume reached .94 billion in 2017, up by 7.5 percent year-on-year.
China is extending subsidies on new energy vehicles to 2022, with the stimuli for this year a mild drop of 10 percent from 2019, which is expected to alleviate the COVID-19 pandemic's impact on car sales and fuel the budding sector's development.
China has strengthened countermeasures, including increasing government spending, lowering lending rates, and boosting credit support for companies, to limit the outbreak's disruption to the economy. The central bank injected 1.7 trillion yuan (2 billion) of liquidity in the market and launched a 0 billion re-lending fund for commercial banks. In January, the country's new yuan loans and growth of aggregate financing both hit a historical high.
China is also reinforcing publicity overseas as it sends official delegations to campaign for the country to be chosen as the host of major events, such as the first China International Import Expo in Shanghai.
来源：资阳报