Toyota Motor Corp's luxury brand Lexus is not banking on domestic production to propel business in China despite the fact that its competitors, such as Audi, BMW and Mercedes-Benz, have seen sizable volume growth by relying on locally produced autos over the past decade.
Qoros' new leadership released a series of ambitious plans half a month after its CEO resigned, though experts expressed doubt that the sweeping changes will turn things around for the company.
BMW Brilliance Automotive entered a new phase of local production on Friday as its new engine plant in Shenyang started production of the automaker's latest turbocharged engines.
China's Belt and Road Initiative will bring more opportunities for the development of ties with Iran, the Iranian ambassador to China said.
The Iran and China economic relationship has had outstanding growth during recent years, so that over a 30-year-period, the volume of annual exchange has reached to nearly $52 billion from the original $1 billion two decades ago.
More than two years have passed since the introduction of the Belt and Road Initiative by Chinese President Xi Jinping.
President Xi Jinping's visit this week to Egypt, described by Egyptian Ambassador to Beijing Magdy Amir as a "golden opportunity" to expand bilateral ties, helped further Egypt's economic revival and China's Belt and Road Initiative.
Egypt was the first Arabic and African country to establish diplomatic relations with China and has maintained its traditional friendship for 60 years.
Twenty-six years after China and Saudi Arabia established diplomatic relations, the countries are advancing in a range of strategic initiatives to benefit both their residents and those of the Eurasian landmass.
Senior Chinese scholars have called for training more people to bridge language and cultural gaps between China and Saudi Arabia and address the needs of both sides.
|
|
|
|
|
|
|
|