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Chinese automakers are showing strength and striving to compete in high-end cars, aiming to snag technology-savvy motorists in the world's biggest market.
Chinese officials hand over ,000 and protective medical supplies to the government of Lagos, Nigeria's economic hub, April 17, 2020. [Photo/Xinhua]
Chinese policymakers have recently reiterated their intention to effectively transmit the monetary policy and guide down the real lending rates for the corporate sector.
Chinese property developers and realtors have been biting the bullet with grit and wit to survive and thrive. Some adopted virtual reality salesrooms and livestream marketing, while others announced price cuts to lure customers.
Chinese companies are also teaming up to develop smart cars. A total of 21 Chinese companies are planning a 1 billion yuan (4 million) joint venture that will specialize in research and development of such cars. Among investors are FAW Group Corp, Dongfeng Motor Corp, China Mobile, China Unicom and ride-sharing giant Didi Chuxing's parent company, Beijing Xiaoju Technology, according to Shanghai Baolong Automotive Corp, also a potential investor, in its filing with the Shanghai Stock Exchange in late December.
来源：资阳报