The two countries completed negotiations and initialed the treaty in December 2016. They agreed that the treaty would be officially signed during the visit by Colombian President Iván Duque Márquez to China.
The two companies' collective light commercial vehicle sales in 2018 totaled around 1.2 million units globally, and they said demand will grow further in the next five years.
The traditional Chinese medicine (TCM) instant granules are expected to achieve rapid growth in the Chinese market.
The turbines are working well, said Zhang Qiying, chief technology officer of the company based in Zhongshan, Guangdong province.
The two sides had agreed to establish a strategic dialogue mechanism between foreign ministers to enhance overall planning and coordination, he said.
The two countries have slapped tariffs on hundreds of billions of dollars worth of each other's imports since early 2018, with the latest round of duties taking effect on Sept 1.
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The two companies started business cooperation about six months ago, mainly in bike manufacturing.
The two sides said the global collaboration between HSBC and Walmart demonstrates both companies' resolve in shaping the transition to a lower-emissions world.
The trains carried nearly 110,800 standard containers of goods, up 62 percent year-on-year, according to statistics announced Wednesday by the Entry-Exit Inspection and Quarantine Bureau in North China's Inner Mongolia autonomous region.
The train left Beijing at 6:06 pm and was headed for Chongqing.