The CADA is urging manufacturers to help tide dealers over the difficult times. China's automotive market had seen eight months of decline in a row by February, and over the year, it saw the first annual fall in sales since 1990, according to the China Association of Automobile Manufacturers.
The Belt and Road Initiative is a future-oriented vision for cooperation that is in the interest of all humanity, he added.
The CARES Act, passed by Congress in March, granted the Department of Defense billion to respond to the pandemic, but the Post reported that hundreds of millions of dollars of the taxpayer money was instead utilized to obtain military supplies.
The C919, China's first home developed large passenger plane, won another 130 orders from four domestic leasing companies on Tuesday, the largest number of orders since the successful debut flight of the aircraft in May.
The BRI is guided by the principle of consultation and cooperation for shared benefits. It represents an approach to international cooperation featuring mutual respect, justice, equity and cooperation for win-win outcomes. And it is a commitment to multilateralism and an open global economy. As such, the BRI will help move economic globalization toward greater openness, inclusiveness, balance and win-win outcomes.
The Bohai-Rim Steam-Coal Price Index, China's benchmark coal price, rose for the sixth straight week to 582 yuan per tonne on Wednesday, 38 percent higher than a year ago.
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The BRI is also a new opportunity for industrial development for Kazakhstan, Shaimergenov said. Today, Kazakhstan plays a new geoeconomic role in Eurasia, serving as a continental hub and a bridge between East and West. China is a huge market, and it is very positive for the industrial development of the neighboring countries, he said.
The Bohai-Rim Steam-Coal Price Index, a gauge of coal prices in northern China's major ports, stood at 569 yuan () per ton in the past week, slightly down from 570 yuan a week ago, according to Qinhuangdao Ocean Shipping Coal Trading Market Co Ltd.
The Belt and Road Initiative, proposed by China in 2013, aims to build a trade and infrastructure network connecting Asia with Europe and Africa along the ancient Silk Road trade routes and promote common development among all countries and regions involved.
The Beijing Film Academy has revoked the doctoral degree of actor Zhai Tianlin after he was found to have committed academic misconduct, the academy announced on Tuesday.