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BYD speeds up monorail mass transit system

By Guo Rong | chinadaily.com.cn | Updated: 2018-08-21 09:39
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Passengers wait to board a monorail train of SkyRail in Yinchuan, capital of the Ningxia Hui autonomous region, on Sept 1, 2017. [Photo/Xinhua]

The rail transit is now one of BYD's four key sectors, which also include electronics, automobile and new energy.

BYD’s new energy vehicles have landed in more than 200 cities across 50 countries and regions.

Since the Belt and Road Initiative was proposed in 2013, the pace of BYD's globalization has been significantly accelerated, Li said.

In recent years, BYD has set up factories in the United States, Latin America and Asia Pacific countries, and its investment has been fully expanded, Li added.

BYD has 220,000 employees worldwide, 33 industrial parks at home and abroad, and has production bases in many countries including the United States, Brazil, Japan and India.

BYD is one of the leading companies located in Pingshan district of Shenzhen.

The district is located in the southeast end of " Guangzhou-Shenzhen Science and Technology Innovation Corridor ", with new energy (automobile) industry base, biological industry base, new industrialization demonstration base, export processing zones as four state-level signs.

It formed the industrial cluster including new energy (cars), biological medicine, and new generation of information technology and intelligent manufacturing as three leading industries.

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