Despite its major role in boosting cultural integration, the First Silk Road (Dunhuang) International Cultural Expo held in Dunhuang, Gansu province, last week, has opened a new path for economic development in the region, local officials said.
Long identified as the city of flowers, a paradise for food lovers and the epicenter for trade and industry in the Pearl River Delta region, Guangzhou, in Guangdong province, is now rapidly becoming known as the home of Chinese football.
Industry experts are calling for the authorities to cut subsidies for China's new energy vehicle industry following the discovery of five dishonest automakers swindling more than 1 billion yuan ($149.9 million) in government subsidies in 2015.
China is considering introducing a dual-credit scheme for gasoline cars' fuel consumption and new energy vehicle production. Experts believe that this will help to boost the new energy sector's development now that the government is gradually cutting subsidies.
More domestic car brands have demonstrated their eagerness for recognition as premium, although none of the Chinese peer group have yet revealed a strategy that will lead them to the top. Although there are previous failures that serve as lessons from which the industry can learn, some of them might still not find the keys to customers' hearts.
Thirty local dealers are seeking compensation from Hyundai Motor Group (China) Ltd for losses totaling 600 million yuan ($90 million), which relates to the South Korean automakers' alleged premeditated plan to shut down the network for imported cars.
Volkswagen AG faces Germany's biggest investor lawsuit, as attorneys filed complaints totaling 8.2 billion euros ($9.2 billion) related to the diesel emissions scandal that wiped out a third of the company's market value.
One of the biggest annual events for the civil aviation sector, the 22nd World Route Development Forum, also known as World Routes, will be held in Chengdu, Sichuan province from, Sept 24 to 27.
A key hub along both the Silk Road and Yangtze River Economic Belt, Chengdu in Sichuan province is grasping the opportunity to become a nationalcentralcity and world-class aviation center.
Though an inland city, far from coastal areas, Chengdu is reaching out to the world with an increasing number of international air routes.
Chengdu, a megacity in western China, is transforming into an international transportation hub through the expansion of its railway networks.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
