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China’s largest electric carmaker BYD is making an ambitious plan to expand production at its base at the Xi’an Hi-tech Industries Development Zone.
China's total production and sales of new energy vehicles is expected to reach 5 million by 2020. As the average lifespan of power batteries is about five to eight years, according to Gao Gong Industry Institute, a Shenzhen-based research firm, China will see the amount of redundant batteries hit about250,000 metric tons in 2020, almost 20 times that of 2016.

China's securities regulator has issued draft rules on the issuance and trading of China Depositary Receipts (CDRs) for public comments. [Photo/VCG]
China's share of global brand value has increased from 3 percent to 15 percent in the past decade, with ICBC emerging as the most valuable Chinese brand, according to a new report.
China's private equity market is likely to rebound in the second half as the COVID-19 outbreak is gradually contained across the country, according to industry insiders.
来源:资阳报