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Commercial Aircraft Corporation of China (COMAC) holds some cards up its sleeve. Its plane has Western engines and avionics coupled with a new design, it's rolling out a pilot training program and expanding international staff, industry executives say.
Compared with 2019, this year's summer grain output witnessed an increase of 1.2 million tons, according to a statement released by the bureau on its website.
Competition is getting fiercer as established automakers roll out more models and startups launch their first ones, as the Chinese government phases out subsidies to spur carmakers to improve product quality and standards. Analysts said withdrawing subsidies may dent sales in the short term but will benefit the industry in the long run as it will force out those over-reliant on financial stimuli. They added that local governments' investment in charging facilities will further foster the sector in China.
Concerns about trade wars between the US and China and other US key trade partners have grown lately after Trump imposed tariffs on imported washing machines and solar panels in January and signed proclamations this month on 25 percent tariff on steel imports and 10 percent tariff on aluminum imports in the name of national security under the controversial Section 232 of US Trade Expansion Act of 1962.
Columbia, SC
来源：资阳报