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KUALA LUMPUR: Malaysia aims to draw greater investment from Chinese companies to develop its electric vehicle (EV) sector to build up the infrastructure to enable wider adoption of EVs, a Malaysian official said.
Guangzhou International Automobile Exhibition, which will take place from December 30 to January 8, has attracted some 800 exhibitors, including carmakers, component manufacturers and technology companies.
China will take further measures to stabilize foreign trade and investment, with a view to consolidating the foundation of economic recovery, according to a decision made at the State Council's Executive Meeting chaired by Premier Li Keqiang on Tuesday.
By Li Xinping The climbing "excavator index" mirrors China's endeavors to rev up infrastructure construction and stabilize investment and growth. Statistics showed that 65.4 percent of all engineering equipment across China were operating in July, higher than the January-June figure of 60.37 percent. In the first half of this year,…