Market & Industry
Zhejiang to build China’s first intelligent "super expressway"
Zhejiang to build China’s first intelligent "super expressway"

China will build its first intelligent “super expressway” in Zhejiang Province before the 2022 Asian Games kicking off in Hangzhou, according to local authorities.

Feb. 23 , 2018
China likely to adjust imported auto tariff again
China likely to adjust imported auto tariff again

At the World Economic Forum Annual Meeting 2018, Liu He, Vice Chairman of the National Development and Reform Commission (NDRC), showed that China will deepen the tariff reduction and lower the auto import tariff in the future.

Feb. 23 , 2018
Automakers, dealerships offer subsidies to offset effect of expired sales tax incentives
Automakers, dealerships offer subsidies to offset effect of expired sales tax incentives

The sales of cars with engines of 1.6 liter or below reached 17,077,776 units in 2017, up 0.4 percent year on year. From the second half of 2017, the ratio of such vehicles to the total passenger vehicles kept increasing.

Feb. 23 , 2018
China PV price expected to increase 2 percent
China PV price expected to increase 2 percent

The 2017 Market Price Index of China’s Passenger Vehicle, jointly issued by China Association of Automobile Manufacturers, showed that compared with the price of 2016, the 2017 price of China passenger vehicles grew slightly by 1.7 percent.

Feb. 22 , 2018
Qingdao Aucma releases China’s first driverless car with independent intellectual property right
Qingdao Aucma releases China’s first driverless car with independent intellectual property right

Recently, an electric van running at Qingdao Sino-German Ecopark attracted lots of attention. This arresting van, launched by Aucma, the Qingdao-based refrigeration equipment supplier, is the China’s first self-owned driverless van.

Feb. 22 , 2018
FAW Toyota January sales surge 49% year on year
FAW Toyota January sales surge 49% year on year

FAW Toyota saw YoY sales surge of 49% to 84,000 units in January. It also reached a retail volume of 63,182 units in January with a year-on-year growth of 23%, according to official FAW Toyota.

Feb. 22 , 2018