A delegation from the Asset Management Association of China (AMAC) visited Beijing E-Town International Investment & Development Co (E-Town Capital) on Sept 4.

A delegation led by DaiWei, secretary to the president of the Bank of Beijing, visited Beijing E-Town International Investment & Development Co (E-Town Capital) on Sept 5.

Beijing Automotive Group Co Ltd, or BAIC Group, is betting big on new energy vehicles as it faces increasingly tough competition in the world's largest car market.

Over the past two decades, foreign automakers have injected billions of dollars into China with an eye on the country's huge consumption power. But the situation has changed drastically in the past few years, as Chinese carmakers are fast catching up with their foreign counterparts in the global markets with inexpensive, easily serviceable products.

Beijing E-Town International Financing Guarantee Co started to provide services at the cultural and financial service center in the National Cultural Innovation Zone on Aug 28, with the center opening the same day.

Chinese automaker BAIC Group shines at South Africa Festival of Motoring at Kyalami Grand Prix Circuit in Johannesburg, South Africa, as the Forum on China-Africa Cooperation gets underway in Beijing.