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Three Chinese firms listed among global top 20 auto suppliers

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Three Chinese enterprises are among the top 20 global automotive suppliers, according to the 2024 Global Automotive Supply Chain White Paper released on Thursday. The three, namely CATL (7), Weichai Group (8), and HASCO (16), were the best performing supply chain companies of the country in 2023 in revenue, with the three registering supply chain…

China’s economy grows steadily in H1

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China’s economy grows steadily in H1 – Chinadaily.com.cn Home Business China Data Top Copyright 1995 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or…

China’s clean energy use, capacity on the rise

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Over the years, China has established a comprehensive energy supply system encompassing coal, oil, gas, nuclear, hydro, wind, and photovoltaic energy, providing robust impetus for the fast and sustained development of the economy and society, said a white paper titled “China’s Energy Transition” issued by the State Council on Thursday. Thanks to Chinadaily.com.cn Please visit:…

China’s forex reserves register biggest rise in 7 months

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China’s foreign exchange reserves increased to $3.2564 trillion as of the end of July, up 1.06 percent or $34 billion from the previous month, the biggest increase so far this year, official data showed on Wednesday. The State Administration of Foreign Exchange said that the country’s foreign exchange reserves rose last month amid a declining…

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China sees NEVs increase in popularity

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With charging infrastructures for new energy vehicles accelerating, as well as features such as intelligence, low-cost use and convenience, NEVs are now increasingly recognized by consumers, with more and more opting to buy them in China. In July, the retail sales of passenger cars reached 1.72 million units in the country, with new energy vehicle…