The airport industry in Guangzhou served as a new engine for the city's economic developments and has contributed nearly 7 billion yuan ($1.02 billion) in tax revenue accumulatively from 2014 to 2017, with an annual growth of 17.8 percent per year on average, according to official figures.
BMW AG is optimistic about its China performance this year, as the German premium carmaker introduces more models in its X family into its largest single market worldwide, according to a senior executive at its China operations.
Jimei district of the southern coastal city of Xiamen has made great efforts to preserve and reinforce its cultural development, by building a solid infrastructure and framework around it.
Jimei district in the city of Xiamen signed 40 agreements with a total investment of 10.55 billion yuan ($1.54 billion) on Sept 8, during the 2018 China International Fair for Investment and Trade, to create a more diversified environment for industry development.
Jimei district in Xiamen, Fujian province, provides a high-quality business environment and boasts convenient services and preferential policies, entrepreneurs said.
As Chinese startups anxiously line up to get their licenses to make electric cars, up to 30 with the necessary paperwork haven't produced new energy vehicles for at least a year - a sign, say industry observers, of disorder in the country's fast-growing market.
Swedish premium carmaker Volvo Cars has unveiled a new autonomous concept car, which it says is redefining how vehicles can be used and can open up new growth markets.
SAN FRANCISCO - A lawsuit filed Thursday accuses Tesla chief Elon Musk of trying to "burn" short-sellers by falsely tweeting that funding had been secured to take the electric car maker private.
In the next two to three years, Cadillac plans to develop a portfolio of vehicles covering about a 90 percent share of the luxury car market in China and worldwide, a big step up from its current 60 percent, according to Steve Carlisle, president of Cadillac and senior vice-president of General Motors.
Electric car startup Byton is charging ahead on its path to roll off its first model, an SUV, in late 2019 as construction is well under way on the first phrase of its plant - with a designed annual capacity of 100,000 units - in Nanjing, Jiangsu province.
Volkswagen Import, which issued the PLUS Spirit brand concept specifically tailored for China in June, said it has been maintaining a fast pace in bringing more of its authentic offerings to the country.
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