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Chinese companies rush into battery-swap business

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By David Cao
David Cao
11 June 2022
Hits: 872

EV Charging Station of Xpeng.

EV Charging Station of Xpeng.

With more cities releasing policies on new energy vehicle battery swapping, the sector is expected to usher in a boom and better support the development of NEVs.

Earlier this month, Chongqing in Southwest China released their NEV battery swapping pilot plan, saying that the city will set up more than 200 battery-swap stations and promote more than 10,000 NEVs capable of battery swapping by 2023.

Read more: Chinese companies rush into battery-swap business

China's rail freight volume hits record high in April 2022

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By David Cao
David Cao
02 May 2022
Hits: 1465

Disinfection of China-Europe Railway Express at Suzhou station in pandemic.

Disinfection of China-Europe Railway Express at Suzhou station in pandemic.

China's rail cargo volume, a key indicator of economic activities, rose 10.1 percent year on year and hit a record high in April, data from the China State Railway Group Co., Ltd. (China Railway) showed.

Read more: China's rail freight volume hits record high in April 2022

China's power consumption likely to rise 5-6 pct in 2022

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By David Cao
David Cao
02 May 2022
Hits: 827

China's power consumption likely to rise 5-6 pct in 2022

China's power consumption is expected to rise between 5 percent and 6 percent in 2022, according to a report from the China Electricity Council.

Uncertainties such as the COVID-19 epidemic both at home and abroad, international situations and temperatures in the summer and the winter will affect the country's power consumption, the report said.

Read more: China's power consumption likely to rise 5-6 pct in 2022

Luosifen sales soar demonstrating economic resilience

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By David Cao
David Cao
02 May 2022
Hits: 1007

Luosifen sales soar demonstrating economic resilience

Luosifen, an iconic dish from the southern Chinese city of Liuzhou and known for its pungent smell, registered remarkable growth in sales and exports despite global economic uncertainties and resurgences of COVID-19 infections.

The smelly yet tasty dish, listed as an intangible cultural heritage of Guangxi in 2008, is made from pickled bamboo shoots, dried white radish, fried peanuts, fried tofu skins and served in a spicy noodle broth flavored with river snails.

Read more: Luosifen sales soar demonstrating economic resilience

China's passenger car sales up 8% in Nov 2020

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By David Cao
David Cao
10 December 2020
Hits: 1045

China Great Wall auto Ora

The sales volume of China's passenger cars in November reached 2.08 million, up 8 percent year-on-year, yicai.com reported citing data from the China Passenger Car Association on Tuesday.

"The sales showed a low-to-high trend this year," said Cui Dongshu, secretary-general of the CPCA, noting retail sales were mainly impacted by the coronavirus pandemic and an early Spring Festival. But the market had maintained robust growth since July.

Read more: China's passenger car sales up 8% in Nov 2020

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Page 4 of 120

Banking

  • China T-bond move seen safeguarding financial stability
  • RMB expected to stay stable
  • China's policy bank provides 197.3 bln yuan in green loans in Q1
  • China central bank conducts reverse repos to maintain liquidity
  • Former president of China Merchants Bank under investigation

Real Estate

  • 21 Chinese cities tighten Real Estate Policy
  • LANZHOU NEW AREA new ghost town in China
  • Chinese invest $110 billion in US real estate
  • China's listed real estate companies post $461b of inventories for 2015
  • Beijing eases restrictions on foreigners buying apartments

Society

  • China Police issues Wanted Poster for 3 suspects affiliated with the U.S. National Security Agency (NSA)
  • China's new efforts for birth rates: Subsidies, services, social shifts
  • China will remove hukou-based marriage registration restrictions nationwide
  • Digital cat promotes eco-friendly items Sichuan China
  • China’s DeepSeek Overshadow an AI Summit in Paris

Manufacturing

  • 2025 Huawei launches latest foldable phone with unusual design
  • Chery Revives the Legend: Electric QQ Aims to Reclaim Glory in the EV Era
  • Cargo drone TP1000 undergoes debut test in Qingdao
  • Xiaomi YU7 SUV Test Car 258 exposed on Weibo
  • EngineAI's Robot Step Into New Era

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