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Another good indicator in that matter is the ever-growing number of locally produced cars: Today, over 70 percent of our cars sold in China are also made here. Driven by the outstanding market demand for our premium cars, our joint venture production hub with BAIC became our largest Mercedes-Benz passenger car plant worldwide in 2017. Looking ahead, we will further deepen our local partnerships. Together with BAIC, we will invest over 11.9 billion yuan (.9 billion) to establish a second production location in Beijing to expand capacities for more "Made in China, for China" products, including battery-electric vehicles. We are fully committed to localize Mercedes-Benz electric vehicles in China, the world's largest NEV market.

Another four wild Bactrian camels have been released into the wild in Northwest China's Gansu province. [Photo/Chinanews.com]

Apart from helping lower production costs for companies, measures have also been promised for financial support to SMEs to sustain employment, Song said.

Ap - AFP

Apart from IDG Capital, CreditEase has joined hands with various international partners, such as Wellington Financial Limited, Credit Agricole, Tishman Speyer and Blackstone Group.