20231012 China News
Source: | Author:eacham | Published time: 2023-10-12 | 928 Views | Share:


01

Sales of new energy passenger cars in China soared in September 2023, data from an industry association showed Wednesday. Last month, retail sales of new energy passenger vehicles in China expanded 22.1 percent year-on-year to 746,000 units, according to the China Passenger Car Association.

 

02

With the automotive industry becoming increasingly integrated with information and communication technology, artificial intelligence and the internet, China's intelligent vehicle sector has entered a new phase of rapid technological advancement and industry expansion that presents new challenges and opportunities.

 

03

Sales of imported whisky and brandy brands are surging in China on rising demand from younger consumers and others with a zest for parties, market insiders said. In the first half year, imported liquor sales reached 58.68 million liters, up 10.5 percent year-on-year, and were worth $1.15 billion, up 34 percent year-on-year. Sales fell a bit in 2022, said the China Chamber of Commerce of Import & Export of Foodstuffs, Native Produce & Animal By-Products.

 

04

China will further advance the construction of high-quality overseas projects and expand the network of free trade zones, as part of its efforts to increase the scale and enhance the quality of economic cooperation with countries involved in the Belt and Road Initiative, a senior official said on Wednesday.

 

05

Recent economic data coming out of China suggest that the world's second-largest economy is steadily transitioning toward consumption-led development, and in particular, counties and county-level cities are quickly emerging as another key dynamo in China's consumption engine.

 

06

China will step up efforts to build its computing power, which will give the country an edge in building up its digital economy and injecting new vitality into the intelligent transformation of its industries, according to a new plan unveiled on Monday.

 

07

At the Qisumu International Logistics Park in Ulaanqab, Inner Mongolia autonomous region, 165 Chery automobiles were loaded into containers. They were set to embark on a China-Europe freight train journey to cross Mongolia and arrive at the Russian capital, Moscow this week.

 


Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham



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