Driven by an interest in green vehicles, BAIC Group is joining a host of other companies that are considering buying assets from the ailing Fisker Automotive Inc.
The recent downturn in exports by Chinese automakers poses a challenge for local companies that plan to expand globally, according to an industry report.
After a slump in sales last year caused in part by tensions between China and Japan, Infiniti is back on track to recovery, company executives say.
Economic diversification is attracting substantial sums of FDI from China and beyond
As tourist numbers reach 3m, there is also a stampede for range of financial services
The Jilin city government is gearing up reclamation of the Songhua River Basin, a new highlight in its environmental protection efforts.
As Ren Jianguo awakens every day, the Songhua River that runs through his home city of Jilin is still covered in early morning mist. Several mallards briskly paddle around the nearby cove.
On a winter day along the banks of the Songhua River in Jilin city, the temperature can drop as low as -20 C, but it is still a paradise for wild ducks.
As markets in first-tier cities slow in the wake of policies to ease environmental and traffic impacts, first-time buyers in lower-tier cities will be the major force driving the automobile industry's future growth, said a joint report released last week by research company Nielsen Holdings NV and the China Association of Automobile Manufacturers.
A growing number of residents in major mainland cities think the domestic cars are becoming better, but more buyers still intend to purchase a foreign brand, according to a survey conducted in May.
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