Many more overseas companies will follow in the steps of Tesla to set up plants in Shanghai once they see how the US carmaker benefits from the city's policy bonus, as the Shanghai municipal government opens markets to overseas investors with the continuous launch of new policies, experts said on Sunday.
Despite the bleak outlook for China's vehicle market, FAW-Volkswagen Automotive Co expects its sales momentum to continue in 2019, as the Sino-German joint venture is ready to launch 28 models this year, the largest product plan in its history.
Chinese property giant Evergrande Group acquired an electric-car battery company on Thursday, the latest example of companies moving decisively into the rapidly growing new energy vehicle industry, even though analysts say the sector faces bumpy roads ahead.
Volkswagen AG is setting up a network of fast-charging stations in China with FAW Group Co as part of its multibillion-dollar push to boost electric vehicle sales.The charging network is expected to help Volkswagen meet its ambitious goal of selling 400,000 new energy vehicles a year in China by 2020 and 1.5 million by 2025.
China's central bank on Monday did without open market operations for the sixth trading day, citing abundant liquidity in the banking system.
China's imports of semiconductors have risen significantly during recent years thanks to rising domestic demand, with the value exceeding $300 billion for the first time in 2018, Chinese news site chinanews.com reported over the weekend.
The Chinese envoy to the European Union (EU) has said he has no worries over Siemens-Alstom merger.
British multinational BT announced on January 25 that it has become the first non-Chinese telecoms firm to get a nationwide operating license in China.After attaining the licenses, BT will continue to focus on providing service to foreign companies operating in China.
Outstanding loans in the inclusive financing area climbed 13.8 percent on an annual basis to 13.39 trillion yuan by the end of 2018, up 5.3 percentage points from a year earlier.
There's a low chance of inflation in China this year and although the producer price index (PPI) may increase in the first quarter of the year, it may eventually taper off later, an expert said on Saturday.
An Alibaba Group employee introduces a facial recognition machine to visitors at the Retail Big Show 2019 in New York.Citcon, a payment partner of Chinese e-commerce payment giant Alipay and WeChat Pay in North America, said it has partnered with more than 5,000 top merchants in the US.
China is encouraging its chambers of commerce to play a bigger role in resolving economic disputes in the private sector in a bid to promote healthy development.
Profits of China's major industrial firms grew 10.3 percent year on year in 2018, but lower than the 21-percent expansion for 2017, the National Bureau of Statistics (NBS) said Monday.
Shanghai lowered its growth target for 2019 and took on the tasks of expanding its free trade zone, setting up a registration system and a new board on its stock exchange, and integrating with regional development.
The province's property investment dropped by 16.5 percent in 2018, and the square meters of housing sold declined by 37.5 percent, according to the Hainan Provincial Bureau of Statistics.
For the Spring Festival holiday in early February, Chinese consumers' spending on health, culture and entertainment-related products and services is likely to see a marked increase, market insiders said.
China's rural policy bank has issued loans of 40.5 billion yuan (about 6 billion U.S. dollars) to help the country's forestry sector.
President Xi Jinping and his French counterpart Emmanuel Macron pledged to work together to uphold multilateralism and promote bilateral ties as they exchanged congratulations on the 55th anniversary of the establishment of diplomatic relations on Sunday.
While some blamed technologies for the growing wealth gap, Amitabh Kant, CEO of the National Institution for Transforming India, disagreed.
Yi Huiman, the newly appointed chairman of China's securities watchdog, may introduce innovative strategies to boost the country's capital markets, experts said.
An index measuring China's consumer confidence increased steadily in the fourth quarter of 2018 as the economy continued to see stable growth, a research report showed.
China's securitization market will be propped up by ongoing funding needs, conservative asset underwriting and transaction repayment structures in 2019, S&P Global Ratings said on Thursday.
China's catering industry posted a record high of 4.27 trillion yuan (about 628 billion U.S. dollars) in revenue in 2018, coupled with encouraging trends.
Chicago Board of Trade (CBOT) agricultural futures closed mixed in the trading week ending Jan. 25, with soybeans rising nearly 1 percent as traders hope that the planned U.S.-China trade talks next week would bring good outcome.
Apple's iPhone shipments in China plunged 22 percent in the final quarter of 2018 as the U.S.-based tech giant struggles in the world's largest smartphone market.
European plane maker Airbus has warned it could pull out of the United Kingdom if its ability to compete on the global stage is harmed by a no-deal Brexit.
Businesses in China are cautiously optimistic for 2019 despite facing several uncertainties and challenges, as tax reform, innovation and technology policies will continue to sustain the economy, a recent survey said.
The World Wide Fund for Nature (WFF) has launched a project to support Chinese small- and medium-sized enterprises that own innovative low-carbon technologies.
Like many rural youth across China, Shi Qiuxiang left her remote farming village to find a modern job in the city. Years later, she was among an expanding group who returned home to transform not only their own lives but their villages.
More than 1.2 million Chinese tourists visited the Philippines in 2018, making China the country's the second largest source of international tourists, the data released Thursday by the Department of Tourism (DOT) of the Philippines showed.