In addition, authorities are coming up with favorable policies to boost vehicle sales. Earlier this month, the country's central bank and the National Financial Regulatory Administration released a plan to relax the loan ratios for personal vehicle purchases. Financial institutions can independently de...
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China's first hydrogen-powered ship made its maiden voyage in Yichang, Central China’s Hubei Province on Wednesday, marking that the country has made breakthrough in the application of hydrogen fuel cell technology in inland waterway vessels. Named “Three Gorges Hydrogen Boat No. 1,” the ves...
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The government will “significantly increase” debt issuance to boost the world’s second-largest economy, Finance Minister Lan Foan said on Saturday, as it seeks to lift faltering growth back towards its target of around 5%. China’s central bank has announced interest rate cuts and liquidity ...
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China's first hydrogen-powered ship made its maiden voyage in Yichang, Central China’s Hubei Province on Wednesday, marking that the country has made breakthrough in the application of hydrogen fuel cell technology in inland waterway vessels. Named “Three Gorges Hydrogen Boat No. 1,” the ves...
Chinese EV forerunner BYD sold a record 287,454 NEVs in September. EV startup Li Auto also set a new monthly record with 36,060 vehicles delivered last month, a surge of 212.7 percent year-on-year. September is traditionally a bumper month for car sales in China, partly because many peop...
He noted that compared to European brands, BYD is well-received by Hong Kong customers. BYD's aftersales service system in Hong Kong will cover more regions such as Kowloon Central, Northern New Territories, and Central Hong Kong Island. ...