After a three-day sharp slide in the renminbi exchange rate against the US dollar, some industrial experts and auto executives are reportedly expecting the lower exchange rate to stimulate more vehicle exports.
Used car trading website renrenche.com announced this month that it raised C round funds in April, a year after it was established, to became the fastest fundraiser while its peers spent years gaining A round funding.
The long-anticipated 2015 Eurasia Commodity and Trade Expo is showcasing the competence of Xinjiang's exhibition industry, said event officials.
The government of the Xinjiang Uygur autonomous region has reduced its red tape for the ongoing 2015 Eurasia Commodity and Trade Expo that opened on Wednesday and is striving to instead act as a facilitator for the event and promote more projects as a result, said the expo's organizing committee.
The 2015 China Customer Satisfaction Index, or C-CSI, has been released for the first time by Chnbrand, an institution which is considered China's most reliable brand evaluation organization.
Chengdu, named by the World Tourism Organization as one of China's three best tourist cities, has recruited global ambassadors to promote Sichuan cuisine worldwide.
Electric vehicles from different manufacturers in China should soon be able to share charging facilities as the country is expected to release new charging standards soon.
Automakers in China recalled many more vehicles in the first half of 2015 than they did in the same period a year earlier, according to the country's top quality watchdog.
Mazda Motor joined a growing list of multinational carmakers warning of a price war in China as brands jostle for sales amid a sharp slowdown.
Shanghai's traffic authorities are going ahead with its own citywide car-hailing service and are ready to issue operational licenses to qualified drivers as the city continues to crack down on noncommercial vehicles who are shuttling passengers for profit.
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Raymond Zhou
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