The Chinese car market, which sold 24.59 million vehicles last year, still has much room to grow, an industry association official said.
More than 300 fans of the VW Beetle gathered with actor and singer Lu Han at the True Me Beetle Day festival on May 22 in Beijing to add a crossover model to the automaker's lineup of iconic Beetles.
Localization is an exciting word for those in China's auto industry. After all, it implies the importance of the Chinese market, means new job opportunities, brings specifically designed cars and generates taxes.
Chinese traction battery manufacturers are preparing for a shakeup of the sector following the release of draft proposals to industry insiders that are reported to include amendments to national standards for the production of traction batteries, which are used to power new energy vehicles.
A GM joint venture is recalling more than 2 million cars in China due to possible engine problems, the biggest recall by an automaker in the country, according to China's top quality watchdog.
On May 28, Austria and China will celebrate 45 years of fruitful diplomatic relations.
Business ties between Austria and the People's Republic of China began more than 10 years before diplomatic relations were established between the two countries.
Austria established formal diplomatic relations with China on May 28, 1971, becoming one of the first Western countries to do so. Over the past 45 years, the two countries' relations have been fruitful and benefited both Austrian and Chinese people.
As well as playing a leading role in ensuring the health of the world's luxury goods market, China has also witnessed obvious sales growth in secondhand luxury goods in recent years.
When the Ousibao lighting facilities company develops a new product, its manager Liu Jiaobing goes to the Zhongshan intellectual property rights quick response center to apply for a patent before arranging mass production.
The Suzhou Intellectual Property Research Institute at Soochow University is taking measures to develop the city's intellectual property service sector and help local companies better understand their IP rights, the institute said.
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