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China's nascent trend in ESG-environmental, social and governance-investing appears to be alive and well despite the disruption caused by the COVID-19 pandemic. China's recovery from the economic blow of the COVID-19 crisis presents a potential watershed moment for sustainable investing in the country.
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China's smartphone market is on track for recovery amid a sharp rebound in economic activity, as the country's smartphone shipments posted a 25 percent quarter-on-quarter growth rate to reach over 90 million units from April to June, a new report said.
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Hyundai Motor Group has kicked off its import car business in China, with the first model starting pre-sales in September. Unlike many other brands, the South Korean carmaker said the cardinal mission is not sales but rather to improve the brand's image in the world's largest car market.
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China's Ministry of Industry and Information Technology updated regulations on new energy vehicle companies and NEV products market access on Thursday. Insiders said they expect the move to inject momentum into the country's NEV market and boost the high-quality development of the industry.
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Chinese automaker Anhui Jianghuai Automobile Group Corp Ltd (JAC) reported a net loss in the first half of the year (H1) as the COVID-19 epidemic dented sales.
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EHang Holdings Limited, the world's leading autonomous aerial vehicle technology platform company, will build a new autonomous aerial vehicle production facility in Yunfu, Guangdong province, the company said.
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Chinese leaders have vowed to strengthen the country's economic opening-up drive, which is not in conflict with its recent emphasis on boosting domestic demand but will benefit the global economic recovery, analysts said.
Source:Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday,China Plus News
Author: Producer Emilio Mendez
Speaker: Caroline Parraguez
Edition: EAcham