Chinese car brand OMODA registered record sales in the first quarter of 2023, selling more than 13,000 vehicles. This comes as the global auto industry is recovering more slowly than expected. For example, passenger car sales in Germany were down 2.6% year-on-year in January, and more than 15.2% in China (including a 19% decline in the A0-SUV class).
17/04/2023Read more
China’s artificial intelligence (AI) market value is expected to reach US$26.44 billion in 2026, an industry report showed.
09/04/2023Read more
China’s outstanding foreign debt stood at approximately US$2.45 trillion at the end of 2022, data from the country’s forex regulator showed on Friday.
31/03/2023Read more
Economic experts and business leaders showed optimism about China’s economic growth outlook in 2023 at the just-concluded China Development Forum (CDF) 2023, saying that China is a major driver of the global economy and a reliable supplier for industrial and supply chains.
28/03/2023Read more
China's visa authorities abroad will resume issuance of all categories of visas to foreigners starting on Wednesday, according to a statement from the Chinese Foreign Ministry on Tuesday.
14/03/2023Read more
Xi Jinping was unanimously elected Chinese president on Friday at the ongoing session of China’s national legislature, leading the country of 1.4 billion people onto a new journey toward modernization.
10/03/2023Read more
China braved the economic headwinds and emerged from multiple challenges in 2022 with hard-won feats, according to an official statistical communique published on Tuesday.
01/03/2023Read more
China’s economic recovery momentum is being sustained after reopening, as the country’s growth-focused policy pragmatism has revived the business and job confidence, Morgan Stanley Chief China Economist Robin Xing told Xinhua in a recent interview.
20/02/2023Read more
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