When more and more people choose to share a car instead of owning one, change is brought to the auto manufacturing industry, Liu Zhen, senior vice president of Uber China, said on Monday.
The United Kingdom's exit from the European Union has increased uncertainties in the global market, and the world needs to make concerted efforts to find a way out and push for the revitalization of the global economy, Premier Li Keqiang said at the opening of the 2016 Summer Davos.
China is mulling the first batch of pilot State-owned enterprises (SOEs) for mixed ownership reforms, and those in the country's northeast region are expected to be the highest on the agenda, Shanghai Securities News reported on Tuesday.
Lower headline credit growth, still strong overall credit impulse
Booming Chinese robotics industry a good sign
New age, new balance and new breakthroughs
Is China running out of policy options?
Hello Huawei, Xiaomi, bye-bye big brands
Opening-up the service sector key for reform
Market economy status not a bilateral negotiation
Tianjin, an economic hub in North China that is hosting the 10th 'Summer Davos' till Tuesday, plans to use the event to attract investment and boost innovation in order to drive regional economy.
Chinese consumers who want to make statements when they go shopping, are turning more to Western sports brands.
Chinese officials are seeking to provide incentives to people to switch from ordinary cars to electric cars.
Geely Automobile Holding has opted to sell its interests in micro-sized electric carmaker Zhidou, to enable the company to operate as an independent entity as a prerequisite to get listed in the nation's new energy vehicle catalog.
LeVR Technology Ltd, the virtual reality arm of Beijing-based technology company LeEco Holdings Co Ltd, is reported to be undergoing a round of financing worth more than 300 million yuan ($45 million).