Tencent invested 125 times this year, including 97 times in domestic market and 28 times overseas, with the total investment amounting to 108.96 billion yuan, an increase of 50.5 percent over last year.
That is about billion per year on average, an increase from the roughly billion per year that JPMorgan Chase was facilitating in green financing to date.
That appears to be the typical response of observers of the Chinese economic growth trajectory these days.
Tencent also signed strategic cooperation agreement with local authorities to set up a financial technology lab and to digitize public medical services, while Baidu aims to build the area featuring smart transportation in line with its ambition to develop self-driving vehicles.
Thank you @microsoft @amazon @starbucks @wellsfargo @kiro7seattle @tomdouglasco and Double Down Interactive ^ap twitter.com/mayormcginn/st…
Tencent founder Pony Ma (left) attends a news conference with Zeng Qinghong, chairman of GAC Group, as the two companies jointly release the iSPACE electric concept car last year.[Photo provided to China Daily]
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Tesla's sales in China totaled 2,147 units from August to October, a 56 percent fall year-on-year, according to statistics from the China Passenger Car Association.
Thanks to the improved efficiency, a truck can handle three times as many goods per day than before, Li said.
Thanks to the wind and snowflakes, their clothes are wet in no time.
Thanks to high purchase premiums for electric cars in many European countries, sales of all-electric (BEV) and partially electric (plug-in hybrid) vehicles in Europe "picked up significantly," the CAR noted.