Editor's note: Seizing the momentum built last year, major foreign automakers are continuing to expand in the country through increased investments in the development of independent brands and expanding capacity.
As the Spring Festival drew to an end, some 1.84 million Beijing residents had already applied to license new gasoline vehicles in 2014, more than 10 times the allotment for the entire year.
Electrical equipment giant ABB announced last week in Stockholm that it will enter into a partnership with Shenzhen BYD Daimler New Technology Co to supply direct-current fast chargers over the next six years.
Opportunities, hurdles to arise in changing market
FAW-Volkswagen has begun a multifaceted, wide-ranging program to consolidate Audi's top position in China's premium vehicle market, said a senior sales manager at the joint venture.
A corporate car-sharing program by German automaker Daimler AG is providing one answer to the increasing traffic congestion in the urban areas of China.
Elite athletes dedicate themselves to being the best.
It's fast, furious and threatens to present the Sochi Winter Olympics with its first major headache as the hunt for snowboarding gold is launched at the Rosa Khutor Extreme Park.
Defending champion Hannah Kearney of the US is favored to retain her women's moguls Olympic crown while Canada's Alex Bilodeau is tipped for more glory in the men's event as freestyle skiing gets under way on Thursday.
The Austrian Olympic Committee has received an anonymous letter from Russia containing a kidnap threat against alpine skier Marlies Schild and skeleton pilot Janine Flock during the Sochi Games.
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