The ongoing Beijing auto show fell short of expectations before it even opened its doors to the public today, said reporters and exhibitors.
With a joint venture plant in Changshu, Jiangsu province, set to start operation in the fourth quarter of the year, Chery Jaguar Land Rover is aiming to become the "No 1 player" in China's premium car market - in product quality and customer experience, said its top executive.
Local production by Renault will begin in the first half of 2016 at its joint venture with Dongfeng, with the first model to be an all-new SUV, a top company executive said on April 20.
Editor's note: This year's Beijing auto show is attracting more than 2,000 exhibitors to showcase 1,134 vehicles.
In China, we have three brands including Nissan, Venucia and Infiniti.
In 2014, Infiniti will have an effect. We hope the audience can pay attention to the concept cars on our stage during the auto show. One is called the Q50 Eau Rouge. We just brought the imported Q50 to the Chinese market on April 16 through an activity called "Challenging Vettel" in Shanghai.
Asia's largest refiner Sinopec Group will buy stakes in several Kazakhstan oil projects for $1.2 billion from Oao Lukoil, Russia's No 2 oil producer, boosting Chinese energy cooperation in Central Asia.
Lenovo Group Ltd, the world's largest personal computer maker, is planning to build around 2,000 brick-and-mortar smart-television stores in China by the end of the year to boost sales of its newly released TV products, company executives said on Wednesday.
The total value of private Chinese invested capital reached 9.41 trillion yuan ($1.52 trillion) last year, an annual growth rate of 13.3 percent, a wealth management survey found.
Businesspeople from both Chinese mainland and Taiwan expect improved cross-Straits cooperation in developing free trade zones, according to executives at an industry exposition in Xiamen.
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