After more than a year of development, Beijing is dedicated to an innovative program helping cultural and creative companies solve their finance problems through funding platforms.
As a shining cultural center of China, Beijing boasts incomparably rich intangible cultural heritage - that for generations has added enduring and ineffable charm to the capital city.
China will prevent roller-coastering in its booming new energy vehicle market as the country is slated to cut its subsidies again in 2019 and stop them by the end of 2020, said Miao Wei, minister of industry and information technology on Saturday.
Mercedes-Benz delivered 2.31 million cars worldwide in 2018, which made it the most popular premium brand for three straight years, mainly thanks to its performance in China, said its top executive.
While most Chinese electric carmakers are positive about the country's new energy vehicle industry, Nio Inc - China's first electric vehicle startup that has delivered more than 10,000 cars - is calling on carmakers to stay vigilant when there are market uncertainties ahead.
Despite China's sluggish market in 2018, which put pressure on many carmakers, BMW enjoyed the pleasure of smoother driving with many firsts garnered in the year.
For most of us, cups of coffee and cars have little in common. But Lu Zhengyao, chairman and CEO of ride-hailing company and car retailer Ucar, said last week that he will sell them in the same way, starting with German brand Borgward.
Volkswagen AG expects China, which accounts for around 40 percent of its annual sales, to play an even more important role as cars are becoming smart, electric and connected, saying the country will replace Europe as the source of its technologies.
Nissan's former chairman Carlos Ghosn was charged on Friday with breach of trust, according to the Tokyo District Court, making his release unlikely for months.
Chengdu, capital of Sichuan province, served as a major commercial hub thousands of years ago because of its silk, tea and lacquer. Today, it is embracing a greater opportunity offered by the China-proposed Belt and Road Initiative to connect to a wider world.
Chengdu, a megacity in southwestern China, is gearing up for its goal of transforming itself into a "garden city" by 2035, adding a green dimension to its latest urban development plan.
Pan-Asia PET Resin (Guangzhou) Co - one of the biggest polyethylene terephthalate, or PET, chip producers in terms of annual production volume in southern China's Guangdong province - recently marked two major breakthroughs for its $3.2 billion petrochemical and chemical fiber integrated project in Saudi Arabia.
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Raymond Zhou
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Chen Weihua
