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Chinese banking authorities also announced new loan policies to allow buyers of NEVs to borrow a larger portion of the purchase price. Starting in 2018, NEV buyers will be able to borrow up to 85 percent of the cost from banks, up from the previous 80 percent.
Chinese charge d'affaires in Zimbabwe Zhao Baogang said the new project, the first by Chinese investors since the conclusion in September of the Forum on China-Africa Cooperation summit in Beijing, augurs well for the spirit of cooperation espoused by both sides.
Chinese health professionals and scientists were the first to share with the world the full genome sequence of the novel coronavirus and the first to isolate the virus strain, actively exploring treatment methods and developing test kits, thus making tremendous contribution to the global fight against the disease, Xu added.
Chinese economy will quickly return to its potential growth rate, as economic indicators will likely show significant improvement in the second quarter, Chen Yulu, a deputy governor of the country's central bank said on Sunday. As a result of earlier targeted monetary policies, the real economy continues to improve, based on payments, deposits and loan data in March, according to Chen.
Chinese peacekeepers to Lebanon parade at the medal-awarding ceremony at the camp of the Chinese peacekeeping multi-functional engineer detachment to Lebanon in Hanniyah village in southern Lebanon, on April 6, 2018. [Photo/Xinhua]