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Lifestyle-product retailers are investing in new stores in China, as richer consumers continue to splurge on quality imports.
Low-altitude economy refers to businesses operating aerial vehicles below 3,000 metres.
China EV makers believe their advantages in production and price will make their products competitive abroad.
Chief executive wraps up three-day visit to mainland China for world-leading expo, with deals signed to bring more companies to city.
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At the China International Import Expo (CIIE), Li highlights the importance of opening up its market to trading partners.
New venture suggests Chinese players are unperturbed by stiffer tariffs in their quest for global market share.
Pavilia Forest II recorded only one sale as of 5pm on Saturday, while Double Coast I found buyers for 20 units out of 58 flats on offer.
While China’s September stimulus blitz has restored US$4 trillion of value to stock markets, the wealth effect in the property sector is less obvious and immediate.
New rule aims to draw foreign funds into yuan-denominated A shares by slashing capital requirements and reducing the lock-up period.
Xpeng, Leapmotor and Zeekr chart double-digit growth, even as the effect EU tariffs will have on export plans looms.
The two denials followed Monday’s statement by the Ministry of Commerce that a state-backed guild was solely authorised to engage with the EU in tariff talks.
Ministry of Commerce warned carmakers about the risks of setting up factories in countries like France and Italy.
The collective wealth of China’s wealthiest people slumped 10 per cent from a year earlier to US$2.97 trillion.
Thanks to an advanced supply chain, companies with no history making cars are challenging for supremacy in China’s EV market.
‘A final decision will be made if there is substantial demand,’ GAC says.
Freevoy battery offers 400km of driving range before resorting to the fuel tank, twice the current ‘normal’ capability, CATL says.
Market sentiment ‘turned weak as some investors decided to lock up gains over the past two days’, analyst says.
Zeekr called its Mix MPV ‘an intelligent living room on wheels’.
The city is investing in infrastructure and technology to support growth, while also liberalising its finance sector to attract international shipping businesses.
Once shunned by EV makers, extended range technology is booming as consumers look to overcome ‘range anxiety’.
Extended range, autonomous driving, sofas, refrigerators … BYD, Li Auto, Xpeng, Geely, Nio and others tick all the boxes in their pursuit of consumers.
The outlook is bleak in the next two months as Chinese exports cool and the industry adds record new capacity in 2024.
‘Drawbacks are obvious’, and both cities must upgrade to ‘wield more influence’ in global shipping, says Hong Kong’s former chief executive.
The Eagle Eye system is more accurate in information collection than lidar sensors used in its existing models like P5 sedan and G6 SUV.
EV makers slashed prices on 124 models from January to September, while prices on 71 petrol car models also cheapened, industry association says.
Dealers report bumper sales during the weeklong holiday, but market observers warn of potential post-subsidy slowdown.
BYD, Li Auto, Xpeng, Zeekr and Leapmotor posted new monthly delivery records in September as new models and promotions proved enticing.
Individual investors from China have scurried back to buy risky shares, but historically, wild swings in sentiment have foreshadowed plunges.
Guangzhou is setting the tone for policy deregulation across the country, says Yan Yuejin of E-house China Research and Development Institute.
Subsidiary receives US$471 million from a consortium of investors backed by the government of Hefei in Anhui province, where Nio has two factories.
