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Manufacturing

China's sedan sales continue to grow in October

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By David Cao
David Cao
09 November 2009
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China's auto market continued its robust growth in October, with monthly passenger vehicle sales jumped nearly 80 percent year on year to 923,154 units, China Daily reported on Saturday.

But on a month-to-month comparison, passenger vehicle sales in October dropped 8.1 percent from the previous month, according to figures released by China Passenger Car Association.

Read more: China's sedan sales continue to grow in October

Photos:China supercomputer Tianhe 1, CPU USA made

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By David Cao
David Cao
30 October 2009
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Tianhe supercomputer

China unveiled its fastest supercomputer yesterday, which at its peak speed can do more than one quadrillion calculations per second, known as a petaflop.





The birth of the supercomputer, named "Tianhe", which means "Milky Way", makes China the second country, after the United States, to build a petaflop computer. This gigantic device can do as many calculations in one day as those done by an ordinary dual-core personal computer in 160 years, said Li Nan, director of the Tianhe Project Office under the National University of Defense Technology, developer of the supercomputer.

Tianhe, at a cost of 600 million yuan ($88 million), ranks first on China's Top 100 supercomputer list released in Changsha, capital of Hunan Province, with a theoretical peak performance of 1.206 petaflops and a Linpack performance of 560 teraflops.

The Linpack benchmark is used to measure the supercomputer's real performance in practical use.

The data has been submitted to the world Top 500 organization, which will release the new ranking list in November. According to the Top 500 list in June, Tianhe can be ranked the fourth most powerful supercomputer in the world.

Supported by the national high-tech research and development program, also known as the 863 program, development of Tianhe has involved more than 200 computer experts who spent about two years in designing and producing the petaflop supercomputer, said Zhang Yulin, president of the defense university.

The supercomputer has many practical applications, and will be used in seismic data processing for oil exploration, bio-medical research, development of aerospace vehicles, long-term weather and climate forecasting, financial data analysis and pollution control in the Bohai Sea area, according to Li.

Tianhe, made up of 103 refrigerator-sized silver gray cabinets, occupies an area of nearly 1,000 sq m and weighs 155 tons, containing 6,144 Intel CPUs and 5,120 AMD GPUs, with a storage capacity of 1 PB.

"Tianhe can store four times of all the books housed in the National Library of China. If every one of China's 1.3 billion people takes a high-resolution digital photo, Tianhe can record all the photos," said Li Nan.

The giant machine, now housed in Changsha, will be installed in the National Supercomputing Center in north China's port city Tianjin at the end of this year. It will be made available for domestic and overseas users in 2010.

Dongfeng reaches 2008 sales record in 9 months

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By David Cao
David Cao
27 October 2009
Hits: 1385

Dongfeng Motor

Dongfeng Motor Corp said recently that for the first nine months of the year, the company produced 1.302 million vehicles up 25.71 percent from a year earlier, and its total sales surged by 30.53 percent to 1.32 million, equal to the full year sales of 2008, Xinhua News reported yesterday.

At such a developing speed, the company is expected to break through its total 1.4 million sales target of 2009.

"Dongfeng sold 190,917 cars in September, up 76.90 percent from the same period of last year and 21.20 percent from last month, which is the best single month sales ever", according to the China Association of Automobile Manufacturers.


On Oct. 10, with its first 15 pure electric trucks rolling off the production line, Dongfeng became the first auto maker in China to pass both the hybrid and pure electric truck test. This is recognized as solid progress in promoting the commercialization of these vehicles.  

An executive of Dongfeng also has revealed that its independent and joint-venture brands are working together to make the whole corporation develop smoothly and rapidly.

SAIC Motor reports 47 percent sales growth for Q1-Q3

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By David Cao
David Cao
27 October 2009
Hits: 1423

SAIC Motor, a Shanghai-listed subsidiary of leading Chinese automaker Shanghai Automotive Industry Corporation (SAIC), reported a 47 percent year-on-year growth in complete vehicle sales during the first nine months of this year, exceeding 1.94 million units.

September sales soared 90.7 percent from a year earlier to over 260,000 units.

SAIC Motor said passenger vehicle sales exceeded 150,000 units in September, while commercial vehicle sales surged by 91 percent year on year.

Shanghai GM, its joint venture with US-based General Motors, sold 71,566 complete vehicles in September. Sales in the first three quarters climbed 40.4 percent to 480,202 units.


In another joint venture, SAIC-GM-Wuling Automobile posted sales of 100,635 units in September. Sales in the January-September period jumped 64.5 percent to 801,869 units.

Chery joins torrid auto pace with Dalian plant

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By Chinadaily.com.cn
Chinadaily.com.cn
27 October 2009
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To meet the challenge of increasing investment by global brands and fierce competition in the world's most robust car market, Chery Automobile Co, the largest independent Chinese carmaker, plans to build a 200,000-unit plant in northeastern port city of Dalian to make vehicles for both domestic and overseas markets.

Company spokesman Jin Yibo told China Daily that total investment in the Dalian plant, Chery's first domestic facility outside its home base in eastern city of Wuhu, would exceed

¥4 billion ($588 million) after initial investment of ¥2 billion.

Read more: Chery joins torrid auto pace with Dalian plant

More Articles …

  1. Spy shots: Dongfeng S30 hatchback
  2. Changan expectes 133% growth in net profit from Jan to Sep
  3. The first SUV model of Geely's Gleagle
  4. Welcome to China Automotive Review Blog
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Page 40 of 55

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

Business China

  • China Space Pioneer apologizes after test rocket crashes
  • China's rail freight volume hits record high in April 2022
  • China domestic travel bounces back to health
  • CES Asia 2020 canceled amid COVID-19 concerns
  • Danke Announces Updates to its Board and Senior Management

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

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