Chongqing Changan Automobile Co, the Chinese automaker that completed a 1,931-kilometer trek with a self-driving car earlier this year, has postponed public road tests in response to a regulatory ban it said could impede efforts to develop autonomous vehicles.
GAC Motor Ltd, the Chinese carmaker focusing on research and development of homegrown vehicles, launched operations at its second assembly plant on Wednesday, which aims to meet growing demand for high-end vehicles.
The price of a new home in China will nearly quintuple in three decades despite sharp drops in transaction volumes, according to a recent report released by China International Capital Corporation Ltd.
Carrefour SA, France's largest retailer, reported higher first-half earnings and maintained its full-year outlook as European revenue held up despite bad weather.
Internet banking union formed in the wake of the rapid growth of web-based financial services
Initial public offerings led by banks in July raised a total of 21.1 billion yuan ($3.2 billion) in the month, which will put short-term pressure on the stock market.
Stocks staged an afternoon recovery to edge higher amid speculation that a selloff that sent the benchmark equity gauge to its steepest loss in six weeks was excessive. Automobile and utility companies led gains.
Move forms part of the firm's 'big bang plan' to enter the market in the United States
The food industry in Jinjiang, Fujian province, looks to international standards to ensure its safety, according to local food processors.
You are not only what you wear, but for some of trendy Chinese, you are also what you ride.
Billionaire Wang Jianlin is headed for a record year of mergers and acquisitions as the Chinese tycoon seeks to build an entertainment empire that could challenge The Walt Disney Co by the end of the decade.
Regulators aim to reduce systemic risks in banking industry
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