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Banking, insurance, securities are among sectors that will see more global participants
Based on comparative advantage, trade generally leads to finer division of labor and increased productivity. Nevertheless, we have to acknowledge that trade in a certain single sector may produce winners and losers. In the United States, some industries are bearing the brunt of traditional jobs becoming obsolete faster and the painful adjustments.
Banks also helped cut excess capacity, build affordable houses, reduce corporate burdens, and de-leverage, Wang said.
BYD Co Ltd is ramping up efforts to bolster its electric vehicle business and boost global expansion, after the company announced the launch of FinDreams, a new sub-brand which specializes in core component production for clean energy vehicles.
BYD's electric models attract visitors at a new energy auto expo in Beijing. [Photo/A QING FOR CHINA DAILY]
来源：资阳报