This year is vital for China as the country rolls out its ambitious 13th Five-Year Plan (2016-20). It looks to continue surmounting challenges after generating an economic boom over three decades and lifting half a billion more people out of poverty.
Saudi Aramco President and CEO Amin Nasser said that the relationship between Saudi Arabia and China is historical, deep and growing, and China's Belt and Road Initiative will offer tremendous opportunities in the coming years.
Buoyed by record sales figures in 2015, the first full year for the brand in China, American luxury carmaker Lincoln sees a bright future in the world's second-largest premium vehicle market.
Chengdu, the capital of Sichuan province, has become the first city in western China to adopt tax-refund policies for overseas travelers.
Technological advances of vehicles and facilities steer further development of market
The fascination of Chinese with SUVs looks likely to continue for some time but domestic automakers should not pin all their hopes on the model, industry experts warn.
Offseasons to follow surge in transactions in December
Renault Nissan executives are eager to bring the company's autonomous driving technologies to China soon, to join those already being used as safety features by Dongfeng Nissan, Nissan Motor's joint venture in the country with Dongfeng Motor.
Buoyed by record sales figures for 2015, Volvo Car Corp, owned by Zhejiang Geely Holding Group, is already flexing its muscle to begin the New Year.
After the city of Qingdao in Shandong province was approved by the State Council as the country's only wealth management financial zone in February 2014, Licang, a district in the northwest of downtown Qingdao, is poised to gain new growth momentum by leveraging its edge in commerce and the financial sector.
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