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China's share of global sales by German carmakers in the third quarter (Q3) climbed from 35.7 percent to 39.2 percent year-on-year, according to EY. During the first COVID-19 wave in the second quarter, 51 percent of all new cars by German carmakers were sold to customers in China.
Chinese President Xi Jinping (R) meets with Sao Tome and Principe Prime Minister Patrice Trovoada in Beijing, capital of China, April 14, 2017. [Photo/Xinhua]
China's social asset totaled 1210 trillion yuan by the end of 2016, according to China's National Balance Sheet 2018. [Photo/IC]
China-Africa cooperation has targeted bottlenecks to Africa's development, such as inadequate infrastructure, and uses funds in places where they count most, he added.
China, on the other hand, was little affected as the government took various measures, such as the 4-trillion-yuan stimulative policy. Chinese enterprises took advantage of huge opportunities for expansion, resulting in surge in China's exports and domestic retail market.
来源：资阳报