In the past few years, a string of traditional Chinese companies have beefed up their presence and gained momentum in this segment, where they have greatly improved efficiency and management by introducing leading technologies in their assembly lines.
In the name of safeguarding national security and protecting domestic jobs, Washington's arbitrary move has unleashed plenty of criticism within both countries and beyond.
In the long run, the carmaker will build a lineup of conventional fuel cars, electric models, and plug-in hybrids, with the latter two set to account for 25 percent to 30 percent of its total offerings within 10 years, Xiao said.
In the manufacturing area, for example, there are more than 60 Chinese companies which can be viewed as platform enterprises. They will be able to generate new revenue streams through new business models to better serve clients.
In the prepared remarks he delivered at the beginning of the press conference, Malpass said the loss of growth momentum worldwide throughout 2018 "is extremely troubling, because it jeopardizes the World Bank's primary goal of ending extreme poverty by 2030."
In the past six years since it was proposed, BRI has followed the principles of peace, development, openness, inclusiveness and win-win cooperation. It has become a platform for international cooperation with extensive participation: 131 countries and 30 international organisations have signed documents with China on BRI cooperation.
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In the past 12 months, government departments have amended laws and introduced new regulations to protect minors-people younger than 18-in cyberspace.
In the late 20th century, as imports of wine increased and large amounts of luxury wine flooded the market, wine was regarded as more of an extravagance. Wine producers like France used a variety of methods to promote sales of their wine and an awareness of its wine culture.
In the past 10 years, China has launched dedicated efforts to combat AIDS. With the increasing coverage of antiretroviral treatment in the country, the AIDS mortality rate had dropped from 18.4 percent in 2005 to 4.6 percent in 2015. By the end of last year, there were 758,000 HIV patients in China, data from the CCDCP showed.
In the past two years, bike-sharing fever has swept across China, with colored dockless bikes popping up across major cities and providing convenient rental services via smartphone apps.