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China also lowered the tariff on imported industrial products last year. Beginning from July 1, the 20-25-percent tariffs for imported vehicles were cut to 15 percent, and duties on auto parts were lowered to 6 percent from the previous levels of 8 to 25 percent. At the same time, duties on more than 8,000 types of industrial products were also lowered to different extents.
China Petroleum and Chemical Corp, or Sinopec, the world's largest refiner, is continuously laying out its hydrogen industry plans, taking advantage of its extensive network of gas stations nationwide and its chemical by-products.
China Construction Bank Corp on Friday joined hands with major real estate developers to provide long-term housing for rent and launched a loan product for tenants in Shenzhen, Guangdong province.
China added about 20,000 new businesses a day in the first half of the year despite the impact of the pandemic, Yang Hongcan, head of the State Administration of Market Regulation's Business Registration Bureau, told a news briefing on Wednesday.
China Star Optoelectronics Technology Co Ltd, a leading TV panel supplier and a subsidiary of home appliances giant TCL, has a sixth-generation flexible display panel production line in Wuhan. The project produces high-resolution, flexible and foldable display panels for smartphones.
来源：资阳报