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Chinese electric vehicle startup Xpeng Motors has fully acquired Foshan-based carmaker Guangdong Foday Automobile Company for 16 million yuan (.27 million), in a move to get its own license for manufacturing cars.
Chinese leaders Xi Jinping, Li Keqiang, Li Zhanshu, Wang Yang, Wang Huning, Zhao Leji and Han Zheng attend the opening session of the 17th National Congress of the All-China Federation of Trade Unions in Beijing, Oct 22, 2018. [Photo/Xinhua]
Chinese manufacturers and distributors of solar technologies are keen to venture into the Kenyan market which promises better returns thanks to rising purchasing power.
Chinese courts have applied technologies into their case handling and have built three internet courts since 2012 to offer more convenience to litigants and to improve judicial efficiency and transparency, the paper said.
Chinese financial regulators have rolled out stricter rules to toughen supervision of peer-to-peer lending, as the fast-growing, loosely regulated online financing sector had triggered risks in the system and posed a threat to market order.
