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The company has indicated that the plant is scheduled to begin production in 2019. BeijingWest Industries is a joint venture of Shougang Corp and Beijing Fangshan State-Owned Asset Management.

The company announced plans to build 600 new stores annually over the next five years in China to double the number of existing stores to 6,000 in 230 cities.

The company currently operates 20 international cargo flights on a weekly basis and delivers 18,572 metric tons of cargo (imports and exports) per week. In addition, SF Express is about to open more international routes in the next two months as more enterprises seek to resume businesses.

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The company exports a large proportion of its output in parts and pieces to be assembled in the destination markets, a factor that gives it an edge over the competition.

The commission fees will be suspended for merchants until Feb 29, while merchants in Wuhan, the capital of Central China's Hubei province, will have their fees exempted until March 31.

The company claimed it had partnered with nearly 300 multi-channel networks, which will offer abundant video clips for its open database.

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The company delivered about 63,000 vehicles in the first quarter.

The combination has implications for a wide variety of players in technology and digital music, including Seattle-area companies Amazon, Microsoft and Napster (Rhapsody International), in addition to Apple, Google, Spotify,?iHeartRadio, Soundcloud and others. But an acquisition of Pandora could also make sense for a company in a complementary industry, such as a telecom or another tech sector.

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The commission asked the water resources departments of provinces and cities along the Yangtze River, including Sichuan, Chongqing, Hubei, and Shaanxi, to further strengthen flood forecasting and early warnings, and focus on flood control of small and medium-sized rivers.

The commerce ministry will implement a raft of trade facilitation policies and measures in export credit insurance, financing and others to reduce burdens and improve efficiency for foreign trade companies, Zhong Shan, China's Minister of Commerce, told a press conference on the sidelines of the annual legislative session.