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China's technology giants Ma Yun, founder of Alibaba Group, and Ma Huateng, CEO of Tencent, have tied for the position as China's richest man two months after the COVID-19 outbreak, Hurun research institute reported on Monday.
China’s new energy carmaker BYD’s e-bus will be driving into Egypt as its second largest city Alexandria made an order of 15 vehicles on Jan 24 local time.They will become the country’s first pure electric buses in history. The order also includes 18 charging poles.The Governor of Alexandria Dr. Mohamed Sultan said it is a historical driving force to promote new energy transportation and sustainable development in Egypt.The Shenzhen-based vehicle manufacturer has become a significant player in Egypt’s public transportation market. In Cairo, the capital of Egypt, BYD’s sedan accounts for 40 percent of the city’s taxi fleet and its sport utility vehicle S5 is scheduled for a local launch in March.It also plans to construct a BYD SkyRail monorail through Alexandria’s congested city center and possibly develop the country’s solar energy sector.Besides selling products, the company alsointendsto assemble electric buses and electric cars in Egypt.BYD’s new energy vehicles have landed in more than 200 cities across 50 countries and regions.
China's trade in September also represented a robust recovery, with imports jumping 13.2 percent to 2.8 billion and exports rising 9.9 percent to 9.8 billion compared with September of last year.
China, with a population of about 1.4 billion people, has set a goal to lift all its rural population out of extreme poverty by the end of this year.
China's top three oil giants－China National Petroleum Corp (CNPC), China Petrochemical Corp (Sinopec) and China National Offshore Oil Corp (CNOOC)－have reported sharp falls in net profit and revenue for the first quarter as the pandemic hurt fuel consumption following a collapse in oil prices.
来源：资阳报