BEIJING, Jan. 16 (Xinhua) — Chinese-brand passenger vehicle sales jumped 24.1 percent year on year in 2023 to 14.6 million units, industry data shows.
The market share of such vehicles hit 56 percent
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Chinese automakers sell record 553,000 cars in Russia in 2023
ST. PETERSBURG, Jan. 15 (Xinhua) — Chinese automakers sold a record total of 553,000 cars in Russia in 2023, accounting for almost half of Russia\’s auto market, says industry experts.
The share of Ch
Italian insurer Generali eyes expansion in China
ROME, Jan. 11 (Xinhua) — Italian insurance giant Generali\’s plan to buy out its China-based joint venture is part of a wider strategy to gain market share in China, a company official said.
Generali
China makes solid progress toward goal of becoming a trader of quality: commerce minister
BEIJING, Jan. 9 (Xinhua) — Minister of Commerce Wang Wentao said on Tuesday that China, the world\’s top trader in terms of goods, is making steady progress toward its goal of becoming a trader of qua
Country on track to become largest auto exporter in 2023
A cargo ship is ready to load cars for export at Yantai Port in Shandong province on March 14. TANG KE/FOR CHINA DAILY
A recent report by a German research institute shows that Chinese manufacturers s
GSMA Intelligence\’s head commends WIC Wuzhen Summit as opportunity to witness China\’s tech innovations
Peter Jarich, Head of GSMA Intelligence, has commended the role of the World Internet Conference (WIC) Wuzhen Summit in advancing the internet industry, noting that any event that can sustain itself f
RMB moves up in global payments in November: SWIFT
BEIJING, Dec. 21 (Xinhua) — The Chinese currency renminbi (RMB), or the yuan, climbed one position to become the fourth most active currency for global payments by value in November 2023, with a shar
China likely to see over 4.3 pct growth in industrial output this year: ministry
BEIJING, Dec. 21 (Xinhua) — China\’s annual growth in value-added industrial output is likely to exceed 4.3 percent this year as industrial production maintained a recovery trend, according to the Min
Uncovering the hidden truths behind US economic data
The U.S. economy showed impressive performance in the first three quarters of 2023, despite continuous interest rate hikes by the Federal Reserve. This performance included record-breaking stock marke
Inviting public opinions for 2024 China\’s Government Work Report
The Chinese government website launched an online initiative on Dec 14, 2023, to solicit public opinions and suggestions on government work. The online initiative, Share Your Views on 2024 China\’s Gov