Briefly

Commercial vehicle sales jump in January

China's commercial vehicle sales soared 79.6 percent year-on-year to 324,000 units in January, said the China Association of Automobile Manufacturers. Some 289,000 trucks were sold during the period, a surge of 81.8 percent year-on-year. A total of 35,000 coaches were sold last month, an increase of 63.4 percent compared with the same period of 2023.

Privately offered funds at $2.86 trillion

The value of China's privately offered funds stood at 20.33 trillion yuan ($2.86 trillion) at the end of January, said the Asset Management Association of China. Equity investment funds, with a total worth of 11.07 trillion yuan, formed the largest category, followed by securities investment funds and venture investment funds. The number of registered privately offered funds had stood at 153,756 by the end of January.

Xinhua - China Daily