In January, the PBOC also injected 72 billion yuan of funds through pledged supplementary lending (PSL) to China Development Bank, Agricultural Development Bank of China, and The Export-Import Bank of China.
In July, a total of 21 inspections into 14 online car-hailing platforms were carried out, with 114 tickets being issued for illegal activities including platform's failure to remove unlawful taxis and share all car-hailing information in real time with the authorities.
In July, the GAC Group also set up a subsidiary company, the GAC New Energy Co, after it started construction of an industrial park focusing on development of new energy and intelligent vehicles in April.
In June 2015, China and Russia inked deals for 770 km of track connecting Moscow and Kazan. In October 2015, China and Indonesia signed a joint-venture on the construction of a high-speed rail between Jakarta and Bandung.
In China, they represent 43 percent of new car sales.
In June 2017, Martin revisited CAA and donated 36 pieces of his work along with several of his notebooks, which detail his artistic exploration and perspective.
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In December, it became the biggest shareholder in Sweden's Volvo AB, the world's second-largest truck maker, following a .9 billion deal with investor Cevian Capital AB.
In February, the Beijing Civil Affairs Bureau banned four associations that were posing as NGOs. Investigations had found that they had failed to register with civil affairs authorities, violating regulations concerning domestic NGO administration. One of them was found to have organized activities under the name of national institutes in order to accumulate wealth.
In China alone, some 20 million cars are equipped with Takata airbags, according to the General Administration of Quality Supervision, Inspection and Quarantine.
In China, it is estimated that less than 2 percent of export trade is covered by credit insurance, and less than 5 percent of companies use credit insurance to protect what they receive.