German automaker Audi is primed to secure its lead in China's premium car segment in 2016 with a range of strategies aimed at enhancing product quality and customer experience.
As global trade slows amid sluggish demand, Shenzhen customs authorities have placed a premium on innovations and reforms to improve work efficiency and help Chinese companies with business abroad.
Automakers building low-quality cars to get govt aid, say reports
BAIC Group's electric car making arm, Beijing Electric Vehicle Co, has announced its five-year plan for developing new-energy vehicles, after topping the domestic new-energy vehicle market in terms of volume.
Toyota Motor Corp's luxury brand Lexus is not banking on domestic production to propel business in China despite the fact that its competitors, such as Audi, BMW and Mercedes-Benz, have seen sizable volume growth by relying on locally produced autos over the past decade.
Qoros' new leadership released a series of ambitious plans half a month after its CEO resigned, though experts expressed doubt that the sweeping changes will turn things around for the company.
BMW Brilliance Automotive entered a new phase of local production on Friday as its new engine plant in Shenyang started production of the automaker's latest turbocharged engines.
China's Belt and Road Initiative will bring more opportunities for the development of ties with Iran, the Iranian ambassador to China said.
The Iran and China economic relationship has had outstanding growth during recent years, so that over a 30-year-period, the volume of annual exchange has reached to nearly $52 billion from the original $1 billion two decades ago.
More than two years have passed since the introduction of the Belt and Road Initiative by Chinese President Xi Jinping.
President Xi Jinping's visit this week to Egypt, described by Egyptian Ambassador to Beijing Magdy Amir as a "golden opportunity" to expand bilateral ties, helped further Egypt's economic revival and China's Belt and Road Initiative.
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Raymond Zhou
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