Japanese carmakers intend on building more plants in China in order to increase production capacity and expand their businesses in the largest auto market worldwide.
Tesla Inc Chief Executive Elon Musk said late on Friday he would heed shareholder concerns and no longer pursue a $72 billion deal to take the luxury electric carmaker private, abandoning an idea that stunned investors and drew regulatory scrutiny.
Following a slump in June, China's vehicle imports soared in July, mainly as a result of tariff cuts for models made in countries except the United States, and analysts said they expect an upward trend for the whole year.
China has the world's largest new energy car market, with nearly 800,000 units sold last year, but GAC New Energy Automobile Co said there is a long way to go before players in the country should consider how to slice the cake.
Nio and Faraday Future, two well-known electric vehicle startups, have stirred up controversy with their bold business plans, which analysts say are more targeted at success in the capital market than the car market.
When General Motors Co engineers were developing the 2019 Chevrolet Silverado and GMC Sierra pickup trucks, some of them joined public tours of Ford Motor Co's Dearborn, Michigan factory in the United States to watch aluminum-bodied F-series trucks go down the assembly line.
Volkswagen AG's namesake brand will not alter its nascent SUV strategy tailored for the Chinese market, according to a senior executive, although the segment has shown signs of losing steam in the past months.
Qiantu Motor's debut model, the K50, hit the market on Aug 8, rolling off the production line at its Suzhou plant, Jiangsu province.
Industry experts are calling on video games developers to invest more in research and development to avert copyright risks.
Shenzhen in South China's Guangdong province will roll out a new set of intellectual property protection regulations in the near future, with the draft expected to be submitted to the standing committee of the city's legislators at the end of this month for preliminary review.
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Raymond Zhou
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