Mercedes-Benz's first locally produced GLC midsized sport utility vehicle hit the assembly line on Thursday and is slated to launch next month at the Guangzhou Auto Show.
Consultant expects sales of domestic autos to grow by 8 percent in 2016
The two-day Silk Road Forum in Madrid that concluded on Thursday greatly enhanced global partners' mutual understanding of China's Belt and Road vision and ambition, Long Guoqiang, vice-president of China's Development Research Center of the State Council, told the closing session.
China must be the major force driving regional cooperation through its Belt and Road Initiative, said Deng Zhixiong, director general of the Bureau of Planning and the State-owned Assets Supervision and Administration Commission of the State Council.
The Belt and Road Initiative will play a crucial role in helping the world achieve poverty alleviation, environmental protection, sustainable economic growth, and many other objectives set out in the United Nations Sustainable Development Goals, analysts said.
The Belt and Road Initiative is exciting for us because we can work with Chinese companies to install our wind turbines worldwide and especially in countries that are along the modern-day Silk Road.
German Chancellor Angela Merkel touched down in Beijing on Thursday to promote the bilateral trade and industrial innovation between Germany and China, which has already witnessed Daimler's significant success in automobiles and mechanical engineering in past few decades.
China and Germany can make their products more competitive worldwide as they work together under their respective initiatives Made in China 2025 and Industry 4.0, said German Ambassador to China Michael Clauss.
A pilot project using a German vocational educational model to train skilled factory workers is offering a new opportunity for students in the traditional industrial city of Liuzhou.
German software company SAP SE is playing an active role in China's digital transformation, said Mark Gibbs, president of the software giant's Greater China region.
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