Expo highlights joint efforts in NEV development

6 days, 12 hours ago

The China shock behind the Honda-Nissan merger talks

BEIJING—The rise of Chinese carmakers is reconfiguring the global auto industry, with merger talks between Honda and Nissan the latest example of companies trying to respond to the competitive threat. The Honda-Nissan combination would be aimed at combating the Chinese push by combining the Japanese carmakers’ efforts in EV technology, autonomous driving and other areas where China is strong, analysts …

China Market Japanese Honda Chinese Foxconn Volkswagen

1 week ago

Walmart China, Meituan in strategic partnership

China Daily

People shop for groceries at a Walmart in Chongqing on Feb 8. Walmart China and Meituan, an online service platform, announced details of a strategic partnership on Tuesday, designed to enhance and expand real-time retail operations and capabilities. Zhu Jun, chief procurement officer at Walmart China, said the company has built an omni-channel retail matrix that combines online and offline …

China Retail Market Sales Platform Walmart Meituan

1 week, 1 day ago

The retreat from the world’s largest auto market has begun

CNN

New York CNN — It wasn’t long ago that China was by far the largest and most profitable market for General Motors. “Every international brand is suffering in China.” While GM has yet to announce the details of its restructuring in China, Schuster and other experts said most Western automakers, including GM, are looking at how long they can stay …

China Market Cars Electric Vehicles Auto Chinese Str

1 week, 2 days ago

'Investing in China is investing in our future'

China Daily

Visitors check large aircraft parts from Swedish technology group Hexagon AB at its booth during the seventh China International Import Expo in Shanghai on Nov 5. And that 'investing in China is investing in our future'," Jean-Paul Agon, chairman of L'Oréal Group, told me during the seventh China International Import Expo in Shanghai last month. Furthermore, China's outbound direct investment …

Global International China Trade China International Import Expo

1 week, 2 days ago

SAIC Volkswagen plots course for next decade

China Daily

By CAO YINGYING | China Daily | Updated: 2024-12-16 10:41 Workers assemble ID models at SAIC Volkswagen's MEB plant in Anting town, Shanghai. The two sides have recently extended the partnership by 10 years to 2040, supporting SAIC Volkswagen's growth and driving a "second entrepreneurship" in electrification and intelligence, Wang said. "We have built a 360-degree quality management system across …

China Market Chinese Shanghai Models German Volkswagen

Tailwinds favoring foreign trade enterprises

China Daily

Automated vehicles deliver cargo at Qingdao Port's fully automated terminal in Shandong province on Dec 3. ZHANG JINGANG/FOR CHINA DAILY China will ramp up financial support, cultivate new growth engines, and strengthen services for foreign trade enterprises in order to unlock momentum and foster resilience in the country's foreign trade sector — a critical pillar underpinning overall economic growth, officials …

China

1 week, 5 days ago

Audi’s Rebrand in China Points to Bigger Changes in the Auto Industry

Wired

It’s also a rejiggering for the German automaker, which entered China in the late 1980s and became, thanks to a partnership with domestic manufacturer FAW, the first global premium brand to adapt its autos to the Chinese market. “I want to evolve it further.” The brand tweaking also points to deeper dynamics in the Chinese market, where global automakers well …

China Auto Chinese Bmw Audi Chinese Automakers

1 week, 6 days ago

Sinotruk's revenue and profit defy weak trade

China Daily

Wang Zhijian, chairman of China National Heavy Duty Truck Group, introduces the company's achievements in 2024 and targets for 2025 at the Sinotruk Partner Conference 2025 on Sunday. China National Heavy Duty Truck Group, or Sinotruk, one of the country's major heavy-duty truck manufacturers, said despite sluggish domestic industrial performance and weakening international market, the company achieved growth in its …

Energy Market Vehicles Market Share 2024 New Energy Wang

1 week, 6 days ago

Sinotruk's revenue and profit defy weak trade

China Daily

Wang Zhijian, chairman of China National Heavy Duty Truck Group, introduces the company's achievements in 2024 and targets for 2025 at the Sinotruk Partner Conference 2025 on Sunday. China National Heavy Duty Truck Group, or Sinotruk, one of the country's major heavy-duty truck manufacturers, said despite sluggish domestic industrial performance and weakening international market, the company achieved growth in its …

Energy Market Vehicles Market Share 2024 New Energy Wang

1 week, 6 days ago

China's auto sector achieves strong growth in November

China Daily

Xinhua | Updated: 2024-12-12 11:21 Chinese new energy vehicle startup Leapmotor showcases its models at the 2024 Guangzhou auto show in November. CAO YINGYING/CHINA DAILY BEIJING -- China's auto production rose 11.1 percent year-on-year to 3.44 million units in November 2024, while sales climbed 11.7 percent from a year earlier to 3.32 million units, industrial data showed Wednesday. In the …

China Auto 2024 Units Million Nev

GM joint venture waves off fears after big losses

China Daily

By LI FUSHENG | China Daily | Updated: 2024-12-09 09:53 The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, US, on March 16, 2021. GM China has called its China business a "good asset" in an effort to dispel market expectations that the Detroit-based carmaker may give up the world's biggest vehicle market, …

China Market Joint Venture Detroit Sales Saic Gm China

2 weeks, 2 days ago

Sinotruk sees remarkable sales performance in 2024

China Daily

The 2025 Sinotruk Partner Conference is held in Jinan, Shandong province on Dec 8. China National Heavy Duty Truck Group, also known as Sinotruk, achieved remarkable sales growth in 2024, with its total revenue projected to surpass 194 billion yuan, a year-on-year increase of over 10 percent. Wang Zhijian, chairman of Sinotruk, announced the company's performance at the 2025 Sinotruk …

Wang Conference Partner Jinan Sees Remarkable Sinotruk Sinotruk Partner Conference

GM joint venture waves off fears after big losses

China Daily

GM China has called its China business a "good asset" in an effort to dispel market expectations that the Detroit-based carmaker may give up the world's biggest vehicle market, which may erode the confidence of investors and car buyers in its prospects. "GM is working closer than ever with our joint venture partner SAIC to restore the business in China …

China Market Sales Venture Saic Gm China Gm Joint

2 weeks, 2 days ago

Sinotruk sees remarkable sales performance in 2024

China Daily

The 2025 Sinotruk Partner Conference is held in Jinan, Shandong province on Dec 8. China National Heavy Duty Truck Group, also known as Sinotruk, achieved remarkable sales growth in 2024, with its total revenue projected to surpass 194 billion yuan, a year-on-year increase of over 10 percent. Wang Zhijian, chairman of Sinotruk, announced the company's performance at the 2025 Sinotruk …

Wang Sees Remarkable Sinotruk Sinotruk Partner Conference Partner Conference

2 weeks, 2 days ago

Porsche refines dealer network amid market shifts

China Daily

By LI FUSHENG | China Daily | Updated: 2024-12-09 10:25 Alexander Pollich, president and CEO of Porsche China, speaks at the 2024 China International Import Expo held in November in Shanghai. CHINA DAILY German sports car manufacturer Porsche is optimizing its dealer network in China, the world's largest automotive market, as shifting consumer preferences and intensified competition reshape the country's …

China Market Car Network Chinese Shanghai Porsche

GM joint venture waves off fears after big losses

China Daily

The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, US, on March 16, 2021. GM China has called its China business a "good asset" in an effort to dispel market expectations that the Detroit-based carmaker may give up the world's biggest vehicle market, which may erode the confidence of investors and car buyers …

China Market Detroit Sales Joint Venture Saic

2 weeks, 5 days ago

Chinese automaker FAW Jiefang's engine gigafactory begins operations

China Daily

Xinhua | Updated: 2024-12-06 13:32 DALIAN -- An engine production gigafactory operated by FAW Jiefang, a truck subsidiary of leading Chinese automaker FAW Group, began operations in the city of Dalian in Northeast China's Liaoning province on Thursday. It utilizes green, energy-saving technologies such as air-source heat pumps and sludge drying technology, reducing carbon emissions by 9,249.54 metric tons and …

Faw Faw Jiefang Jiefang Production Gigafactory

2 weeks, 5 days ago

GBA Briefs

China Daily

Hong Kong New association launched to boost AI development Business executives from various sectors in the Hong Kong Special Administrative Region launched the Artificial Intelligence Association of Hong Kong recently to promote the development, commercialization and implementation of AI technologies. Shenzhen IP forum to accelerate research and patent transformations The first Shenzhen-Hong Kong Intellectual Property Forum was held on Dec …

China Investment Manufacturing Hong Kong Industrial Kong Hong

2 weeks, 5 days ago

Chinese automaker FAW Jiefang's engine gigafactory begins operations

China Daily

DALIAN -- An engine production gigafactory operated by FAW Jiefang, a truck subsidiary of leading Chinese automaker FAW Group, began operations in the city of Dalian in Northeast China's Liaoning province on Thursday. It utilizes green, energy-saving technologies such as air-source heat pumps and sludge drying technology, reducing carbon emissions by 9,249.54 metric tons and hazardous waste emissions by 106.5 …

Faw Faw Jiefang Jiefang

2 weeks, 5 days ago

Chinese EV companies set to shine at Thailand expo

China Daily

Chinese EV companies set to shine at Thailand expo By Yang Wanli in Bangkok China Daily Updated: Dec 06, 2024 Reporters visit the BYD exhibition area during the 41st Bangkok International Motor Expo on Thursday. YANG WANLI/CHINA DAILY Chinese electric vehicle brands are among the most anticipated participants at the 41st Bangkok International Motor Expo, which kicks off on Friday. …

China Car Chinese This Year Thailand Expo Byd

2 weeks, 5 days ago

GBA Briefs

China Daily

Hong Kong New association launched to boost AI development Business executives from various sectors in the Hong Kong Special Administrative Region launched the Artificial Intelligence Association of Hong Kong recently to promote the development, commercialization and implementation of AI technologies. Shenzhen IP forum to accelerate research and patent transformations The first Shenzhen-Hong Kong Intellectual Property Forum was held on Dec …

China Investment Manufacturing Hong Kong Industrial Kong Ai

2 weeks, 5 days ago

China automakers pivot to hybrids for Europe to counter EV tariffs

Live Mint

* China hybrid exports to Europe to grow 20% this yr, analyst says * Chinese automakers challenge European and Japanese dominance * Cheaper and more fuel-efficient models to enter the market SHANGHAI, - Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing the limits of the European Union's …

Europe China Japanese Exports Chinese Hybrid European

2 weeks, 6 days ago

German firms eye localization strategy

China Daily

Employees check auto components bound for Germany at a German-funded enterprise in Taicang, Jiangsu province. JI HAIXIN/FOR CHINA DAILY Amid growing competition and price pressure, German companies are increasingly adopting a localized strategy in China, operating with greater autonomy and aligning their operations with the mindset and practices of local businesses, a survey published by the German Chamber of Commerce …

China Companies Chinese Last Year German Firms German Companies

3 weeks ago

GM is struggling so much in China, it had to announce massive charges to fix its business

CNN

Reuters — China, once GM’s largest and most important market, has become its biggest problem. General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its joint venture in China, one related to the restructuring of the operation and another reflecting its reduced value. The company’s board of directors determined that …

China Joint Venture Barra Saic

3 weeks, 1 day ago

Changshan tangelo draws attention at intl supply chain expo

China Daily

chinadaily.com.cn| Updated :2024-12-03 Attendees taste Changshanhuyou tangelo products from Zhejiang Aijia Food Co. Zhejiang Aijia Food Co from Quzhou, Zhejiang province, displayed its deep-processed products derived from the Changshanhuyou tangelo at the second China International Supply Chain Expo held from Nov 26 to 30 in Beijing. Zhejiang Aijia Food Co is a comprehensive supply chain enterprise that integrates base planting, …

Changshan International Supply Tangelo Changshanhuyou

3 weeks, 1 day ago

Building Apple products has become a side hustle for China’s biggest EV maker

Live Mint

Apple products say on the box “assembled in China," leaving the mystery of who did the assembling. BYD, known globally as Tesla’s most formidable EV competitor, has a second business manufacturing electronics, and it has grown to assemble more than 30% of Apple’s tablets, according to industry executives and analysts. Cook said on Chinese social media that BYD was among …

China Apple Xiaomi Company Phones Chinese Wang

3 weeks, 2 days ago

Global firms mark up expectations of China

China Daily

By CHENG YU | China Daily | Updated: 2024-12-02 10:20 Delegates watch and take photos of a dancing humanoid robot during the seventh China International Import Expo in Shanghai on Nov 6. However, at the China International Import Expo, a major international event held in Shanghai in November each year, the brand growth cycle that used to be measured in …

China Market Chinese Shanghai Ciie Mark Shiseido

3 weeks, 2 days ago

Global firms mark up expectations of China

China Daily

By CHENG YU | China Daily | Updated: 2024-12-02 10:20 Delegates watch and take photos of a dancing humanoid robot during the seventh China International Import Expo in Shanghai on Nov 6. However, at the China International Import Expo, a major international event held in Shanghai in November each year, the brand growth cycle that used to be measured in …

China Market Chinese Shanghai Ciie Mark Shiseido

3 weeks, 2 days ago

VW and SAIC joint venture renewed

China Daily

By Li Fusheng | China Daily | Updated: 2024-12-02 10:44 Executives from SAIC Motor and Volkswagen shake hands after the two companies signed a deal on Nov 26, 2024, to extend their joint venture to 2040. Volkswagen AG has extended its joint venture with SAIC by 10 years to 2040, a sign of the global carmakers' confidence in the world's …

China Chinese Hyundai Volkswagen Joint Venture Saic

3 weeks, 2 days ago

Global firms mark up expectations of China

China Daily

By CHENG YU | China Daily | Updated: 2024-12-02 10:20 Delegates watch and take photos of a dancing humanoid robot during the seventh China International Import Expo in Shanghai on Nov 6. However, at the China International Import Expo, a major international event held in Shanghai in November each year, the brand growth cycle that used to be measured in …

China Market Shanghai Ciie Shiseido Sap Chinese Mark

3 weeks, 4 days ago

China and Indonesia trade ties get boost

China Daily

Indonesia and China are seeing solid progress in their bilateral economic cooperation, with the ties helping bolster expectations that Southeast Asia's largest economy will become a trading hub for the region, an expo forum heard in Jakarta on Thursday. Key speakers at the forum included Luo Jie, vice-chairman and secretary of the China Sporting Goods Federation, and Vinsensius Jemadu, deputy …

Tourism China Indonesia Expo Jakarta

3 weeks, 5 days ago

Chinese EV companies set to shine at Thailand expo

China Daily

Reporters visit the BYD exhibition area during the 41st Bangkok International Motor Expo on Thursday. YANG WANLI/CHINA DAILY Chinese electric vehicle brands are among the most anticipated participants at the 41st Bangkok International Motor Expo, which kicks off on Friday. With many brands set to reveal new models, analysts said Chinese automakers are expected to play a key role in …

China Car Chinese This Year Thailand Expo Byd

3 weeks, 5 days ago

Nation poised to hold more than half of global EV fleet by 2025

China Daily

By Liu Yukun | China Daily | Updated: 2024-11-29 08:59 Potential car buyers check out an NEV in Xiangyang, Hubei province. YANG DONG/FOR CHINA DAILY International consulting firm Gartner recently forecast that global electric vehicle ownership would rise significantly to hit 85 million by 2025, with China accounting for over half of the global EV fleet. Experts highlight that as …

Growth Market Car Sales 2025 Nev Million Evs

3 weeks, 5 days ago

Xiamen enterprises showcase innovations at 2nd China Intl Supply Chain Expo

China Daily

The booth of ITG Holding Group and XINDECO. The second China International Supply Chain Expo opened in Beijing on Nov 27. Six Xiamen companies showcased their latest developments in comprehensive supply chain services and advanced manufacturing chains, highlighting Xiamen's core strength as a national hub for supply chain development. In the supply chain service exhibition area, Xiamen-based companies such as …

Xiamen Supply Chains Itg Holding Group

3 weeks, 6 days ago

Door opened wider for foreign-invested businesses

China Daily

By ZHONG NAN| China Daily| Updated :2024-11-28 When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China …

Global Growth China Japan Market Investment Germany

3 weeks, 6 days ago

Volkswagen To Shut Down Xinjiang Operations, Extend Partnership With SAIC Till 2040

ABP News

Volkswagen on Wednesday said that it is planning to divest all its operations in China’s Xinjiang. At the same time, the automaker also announced that it will extend its partnership with the Chinese firm SAIC by a decade to 2040, reported Reuters. VW and SAIC informed that they will sell their plant in Xinjiang to Shanghai Motor Vehicle Inspection Certification, …

Chinese Xinjiang Firm Plant Saic 2040 Volkswagen

Volkswagen and Chinese partner SAIC to sell joint venture plant in west China’s Xinjiang

Associated Press

BANGKOK — Volkswagen and Shanghai’s SAIC Motor have agreed to sell a factory in China’s far western Xinjiang region that drew criticism due to accusations by western governments of human rights violations. Volkswagen is among many foreign automakers that have been caught flat-footed by an electric vehicle boom in China that has shaken up the market, the world’s largest, over …

China Shanghai Xinjiang Volkswagen Saic

4 weeks ago

Door opened wider for foreign-invested businesses

China Daily

When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their innovation efforts," Ye said, …

Global Growth China Japan Market Investment Germany

4 weeks ago

Door opened wider for foreign-invested businesses

China Daily

WANG YANGYANG/FOR CHINA DAILY When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their …

Growth China Japan Germany Manufacturing Foreign Investors Companies

4 weeks ago

Top executives in Beijing for supply chain expo

China Daily

The booth of Apple Inc at the China International Supply Chain Expo. WANG JING/CHINA DAILY Tim Cook, CEO of Apple Inc, reaffirmed the critical role of China's supply chains in supporting the US tech giant during his recent visit to China, aligning with other multinational companies in committing to the Chinese market and integrating more deeply into global industrial and …

China Supply Chinese China Daily Cook Chain Supply Chain Expo

4 weeks ago

Tech-driven goods diversify export landscape

China Daily

Two officials from Chengdu Customs inspect an export-bound vehicle to be transported via the China-Europe freight train service in Chengdu, Sichuan province, in October. The power connection products manufacturer, based in Ningbo, East China's Zhejiang province, has developed and launched several intelligent sockets with wireless fast charging features, which are now popular in various countries and regions. From January to …

China Products Diversify Export Ningbo Kaifeng

4 weeks ago

Door opened wider for foreign-invested businesses

China Daily

When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their innovation efforts," Ye said, …

Global Growth China Japan Market Germany Manufacturing

4 weeks ago

Tech-driven goods diversify export landscape

China Daily

Two officials from Chengdu Customs inspect an export-bound vehicle to be transported via the China-Europe freight train service in Chengdu, Sichuan province, in October. The power connection products manufacturer, based in Ningbo, East China's Zhejiang province, has developed and launched several intelligent sockets with wireless fast charging features, which are now popular in various countries and regions. From January to …

China Products Export Ningbo Kaifeng

4 weeks ago

Trump’s sharp tariff hikes could speed up China’s shift to new markets and offshore factories

Associated Press

YIWU, China — Visitors who bought fridge magnets at Times Square or other tourist hotspots around New York in recent years most likely were purchasing the work of Du Jing or one of her fellow exporters in a small Chinese city that supplies the U.S. and the world with tons of small commodities. Du Jing stands by variety fridge magnets …

China Market Trump Products Exports Mexico Share

4 weeks, 1 day ago

Forestry forum promotes international cooperation

China Daily

International delegates at a forestry conference in southern China called for greater global cooperation and innovation to strengthen the forestry sector and promote sustainable growth. Guan Zhiou, head of China's National Forestry and Grassland Administration, emphasized the forestry sector's critical role in fostering green development and boosting the economy. The nation's forestry and grassland sector generated a total output value …

China New Zealand Guangxi Sector Guan Mongolia Forestry Conference

4 weeks, 1 day ago

Li: Stable industrial and supply chains key

China Daily

Enterprises encouraged to bolster support for economic globalization Premier Li Qiang called on Monday for opposing all forms of decoupling and firmly upholding stable and unimpeded global industrial and supply chains. The premier warned that amid the sluggish global economic recovery, protectionist moves and overstretching of security are harming global industrial and supply chains, further driving up enterprise costs, reducing …

Global China Supply Economic Industrial Chinese Economic Globalization

Li calls for stable supply chains

China Daily

Premier Li Qiang poses for a photo with the representatives of attendees of the second China International Supply Chain Expo before a symposium in Beijing on Monday. WANG ZHUANGFEI/CHINA DAILY Premier Li Qiang called on Monday for opposing all forms of decoupling and firmly upholding stable and unimpeded global industrial and supply chains. He said that over the past few …

China Supply Industrial Chinese Supply Chains Economic Global Chains

4 weeks, 1 day ago

Forestry forum promotes international cooperation

China Daily

International delegates at a forestry conference in southern China called for greater global cooperation and innovation to strengthen the forestry sector and promote sustainable growth. Guan Zhiou, head of China's National Forestry and Grassland Administration, emphasized the forestry sector's critical role in fostering green development and boosting the economy. The nation's forestry and grassland sector generated a total output value …

China New Zealand Forestry Guangxi Sector Guan Mongolia

1 month ago

What to expect from upcoming supply chain expo in Beijing

China Daily

This photo taken on Nov 26, 2023 shows the venue of the China International Supply Chain Expo in Beijing. As the world's first national-level exhibition focusing on supply chains, the expo will gather industry leaders and experts from around the world and help promote global cooperation in industrial and supply chains. The 2024 expo will introduce a new exhibition area …

China World Supply Global Cooperation Beijing Expo Chain

1 month ago

Space industry promotion association unveiled in Nansha

China Daily

Updated: 2024-11-22 nansha.guangdong.chinadaily.com.cn On Nov 20, the unveiling ceremony of the Guangdong Commercial Space Industry Promotion Association and the first Guangdong-Hong Kong-Macao Greater Bay Area Commercial Space High-Quality Development Conference took place in Nansha. The commercial space industry has undergone significant growth in recent years, presenting new challenges in industry planning, ecosystem development, and the establishment of public platforms. She …

Space Development Industry Commercial Commercial Space Guangdong Association

Expo highlights joint efforts in NEV development

History of this topic

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Indonesia, Chinese firms combine to drive EV growth

Indonesia, Chinese firms combine to drive EV growth

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Wuling's new energy vehicles big draw during G20

Expo highlights joint efforts in NEV development

China's auto exports surge, carmakers expand business globally

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