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The two companies announced plans in January to collaborate on developing commercial vans and medium-sized pickup trucks while exploring electric and autonomous vehicles together. They said Ford would develop larger vans and pickups while Volkswagen would develop a smaller van for crowded cities.

The two sides have also committed to working on a strategy project on trade finance cross-border infrastructure, based on Distributed Ledger Technology, as their first collaborative initiative, which will facilitate cross-border trade and financing.

The ulterior motive is to throw Hong Kong into major turmoil, the former president of the Legislative Council told China Daily in an exclusive interview on Thursday.

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The two sides will own a 50-percent stake respectively in the JV and send staff to set up the new company, which is expected to focus on the research and development of BEVs, auto parts and production platforms.

The two companies said they will focus on the research, development, and commercialization of level-four autonomous-driving cars. Level 4 autonomy means the car can drive itself in most conditions without a human driver.

The two Tianjin colleges will provide support in fields such as faculty, technology and equipment, as well as teaching facilities to the university and the school.

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The trains run between the capital and Baoding City in Hebei Province, stopping in Baigou and Baiyangdian, both in Xiongan.

The underemployment rate, which measures the percentage of the work force that have jobs but are being underutilized, rose 4.9 percent to a record-high 13.7 percent.

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The trend started gathering pace in 2016 through online platforms Ximalaya, iget and Zhihu, which provide audio programs, e-books and even broadcast lectures live online.

The two collapsed buildings, both opened six months ago in the Muzema slum community, were irregular construction projects appear without the permission of city authorities.