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Analysts said CATL's lead will continue for a while to come, but it's clear the company will face more pressure than before and so it follows that the company expands its business into other sectors.

An operator shows a visitor how to use the smart laboratory developed by Nikyang Enterprise Ltd at its booth during the 2019 Beijing Conference and Exhibition on Instrumental Analysis. [Photo by Zheng Yiran / China Daily]

And the trend has not stopped. In a filing to the Shanghai Stock Exchange on Aug 10, SAIC Motor Corp, the country's largest car group by sales, said its general assembly had passed a bill to issue bonds worth up to 20 billion yuan.

Anand Hariharan, vice president of products for Mountainview, Calif.-based Webscale Networks noted that Amazon’s retail website didn’t go down during?the outage Tuesday because it didn’t put all its eggs in one cloud basket.

And, Saman Pouyanmehr, from Iran, founder and CEO of the GFYE and a recent graduate of the UIBE with a major in finance, said: "China is a unique country that offers unique opportunities and values to entrepreneurs for realizing their goals. I'm very happy that I'm in China at the same time that the Belt and Road Initiative is growing. China soon will be an influential country in the digital economy era through integration of Chinese and foreign talents, and also by introducing world-class startups. The biggest opportunities for entrepreneurs are here."