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Chinese new energy vehicle startup Aiways is set to acquire part of Jiangling Holdings' equity in exchange for investing 1.75 billion yuan (2.65 million). It is believed by insiders to be a solution to help the startup get a production qualification.
Chinese internet search giant Baidu Inc reported its total revenues reached 27.2 billion yuan (.96 billion) in the fourth quarter of 2018, an increase of 22 percent year-on-year, while its net profit was 2.1 billion yuan, a 50 percent decline year-on-year.
Chinese e-commerce giant JD has mobilized its resources across the company, from retail, logistics, technology to health and other departments or wings, to provide immediate support for the anti-virus fight.
Chinese clean energy companies have been expanding their presence overseas. Their wide-ranging know-how of hydroelectric plants and their experience in the field are second to none, said Joseph Jacobelli, a senior Asian utilities analyst at Bloomberg.
Chinese companies Alibaba Group Holding Ltd and Tencent Holdings Ltd are also working hard to build more overseas availability zones to compete with global giants including Amazon.com Inc and Microsoft Corp.
来源：资阳报