The automotive market is almost certain to see an annual decline this year, the first in 28 years, and the bleak prospects are unlikely to change in the next two or three years, officials from the country's leading industry association said on Tuesday.
Domestic SUV brands are in hot pursuit of their international rivals, according to a new industry report that suggests indigenous vehicles offer better value for money and are more in line with the needs of younger Chinese drivers.
China's traditional northeastern industrial heartland is on course for a revival in its fortunes as local governments take measures to restructure the local economy through upgrading heavy industry and cooperating with more developed coastal provinces.
Buoyed by the thumping success of the first China International Import Expo, its organizers are gearing up for the second edition and are anticipating even greater participation from abroad next year.
New and detailed rules seeking to bolster stability among the nation's biggest and most important financial organizations are on the way soon, according to industry insiders familiar with the plans.
China will make enhanced efforts to "significantly improve" its charging technologies and facilities within three years, in a further move to optimize charging infrastructure to give the new energy vehicle sector a new boost.
Honor, one of the twin signature smartphone brands owned by Huawei Technologies Co Ltd, unveiled a string of new technologies on Monday to demonstrate its continued efforts in pushing forward the technical boundaries for smartphones.
Chinese real estate enterprises' capital flow has been under great pressure this year, with mergers and equity transfers occurring frequently in the second half of this year, a trend which analysts expect to continue in 2019.
While China's customs data points to solid growth in imports and exports in the first 11 months of 2018, experts predicted a continuously narrowing surplus and a growing trade volume next year.
As the clouds of Brexit loom over UK's business sector, the question of how it impacts China-UK business ties is attracting increasing attention in both countries.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
