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China's Geely Holding is to set up a new joint venture with Volvo Cars to share existing and future car technology, according to a Memorandum of Understanding the two parties signed on July 20.
China's automobile sales totaled 17.12 million units in the first three quarters of this year as the country's automobile market warmed alongside government polices to spur consumption.
China's Huawei Technologies, Xiaomi, Oppo and Vivo captured four leading positions among the top six smartphone brands in terms of shipments. Chinese computer maker Lenovo also rose into the top 10.
China's Ministry of Commerce issued a warning the following day and also announced a plan for reciprocal tariffs on imported US products worth about billion, targeting 128 categories of US products including pork, wine and seamless steel tubes.
China's acting Consul General in Edinburgh Hou Danna said China and Scotland can work even closer to further deepen bilateral cooperation in trade and economy, culture, education and people-to-people exchange.
来源：资阳报