A project supporting the Belt and Road Initiative, a new cooperation program between Bulgaria and China was officially launched during the opening of a two-day event on Sunday in Beijing, marking major progress in establishing one of Europe's smart cities in Bulgaria's capital, Sofia.
The newly launched Project St. Sofia development program will establish a multifunctional smart city in the Bulgarian capital, featuring a high-tech central business district, a tourist resort, convention, leisure and shopping centers, as well as residential areas.
A joint development between Bulgaria Development Holdings and ZTE's subsidiary ZTEICT, smart city Project St. Sofia's unique feature is its function as a new model for city-industry integration, using the latest technologies in its design and operation.
June 18, 2016 witnessed the signing ceremony of a project to fund and build a waste power generation plant in Serbia, a project undertaken by China Machinery Engineering Corp.
New business projects in the electronic information and auto industries are expected to support Chengdu's industrial upgrading and transformation, helping to build the city into a western economic center.
Chengdu, a megacity in western China, has committed to expanding its railway and flight transport services to better support the Belt and Road Initiative.
Chengdu, Sichuan province has committed to strengthening communication and cooperation with Belt and Road countries to better support the city's innovative climate.
In April, eight Hollywood masters visited Chengdu's giant panda breeding base, went to a historical relics museum and shared their insights, as part of efforts to promote cultural exchanges between the Chinese city and Hollywood.
On April 8, the Academic Seminar on the Land of Abundance and the Silk Road was held in Chengdu. Experts attending the meeting said the city has not only provided quality silk products for countries along the Silk Road, but also offered refined craftsmen's skills and spirit.
GAC Motor, a subsidiary of Guangzhou Automobile Group, a major automobile manufacturer in South China, will sell its high-quality cars to overseas emerging markets and more developed regions, aiming to expand its global presence in the near future.
The momentum of used car sales growth seen last year is becoming even stronger, with experts suggesting the rise will even help to stimulate the somewhat sluggish new car sales in the country.
China has taken the throne of the world's new energy vehicle sector, due to booming domestic demand for such cars and its evident expansion in battery production.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
