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  • Pressure arised from Tesla’s price cut deemed as good thing for Chinese carmakers: official

    Competitive pressure caused by Tesla’s recent move to cut its vehicle prices is deemed as a good thing for Chinese carmakers, reported China Securities Journal.


  • Tesla’s localization scheme to deal big blow to Chinese carmakers: CAAM

    Tesla’s recent move to cut vehicle prices and localize its production in China will deal a big blow to Chinese automobile manufacturers.


  • Shanghai unveils list of major construction projects in 2019

    East China's Shanghai has unveiled the list of major construction projects this year, according to a notice issued by local authorities on its official Wechat account.


  • Large-scale shipment of Tesla's Model 3 cars arrives at Tianjin Port

    A big batch of Tesla's long-range Model 3 sedans have arrived at north China's Tianjin Port after 84 such cars were imported via the port in February.


  • Shanghai port sees auto imports decline in 2018

    Automobile imports via Shanghai port fell 9.8 percent year on year to 373,000 last year, according to Shanghai Customs.


  • China expected to see growing FDI in 2019

    China’s foreign direct investment (FDI) is estimated to have increased by 6 percent to 8 percent in 2018, which is significantly higher than the level of the past two years.


  • Tesla begins Model 3 delivery in China

    Tesla announced Friday that it has started delivering Model 3 cars in China, which means all of Tesla's three lineups -- Model X, Model S and Model 3 -- have hit the Chinese market.


  • Chinese market becomes ever-stronger magnet for foreign investment

    China is attracting growing foreign investment in spite of global FDI sluggish.


  • 1,600 Tesla Model 3 to land at Shanghai port

    More than 1,800 Tesla electric cars, including over 1,600 Model 3 from the United States, will arrive at a port in Shanghai in the early hours of Friday, marking the first large-scale shipment of Tesla's new models to the eastern Chinese city.


  • Spotlight: Experts say more U.S.-China collaboration needed in EV industry

    The potential for the United States and China to deepen collaboration in the booming electric vehicle (EV) industry is expected to be significant, experts have said.


  • Why China remains a magnet for foreign investment?

    With all of these new initiatives in the works, it's fair to say that China will continue to be a magnet for foreign capital inflow in the year ahead.


  • Booming sales in China of January drive global turnover

    Despite the atmosphere of crisis, the German company, which last October reached the majority in the JV that produces its cars, has increased sales in January by 15% in the Chinese market. Now is aiming to the electric sector, challenging Tesla...


  • China's capital market to see record-high foreign investment in 2019: report

    China will attract a large pour of foreign investment in 2019, as the country keeps widening foreign access to its capital market, China Securities News reported Monday.


  • Shanghai NEVs ownership hits record high

    Shanghai has 240,000 new-energy vehicles (NEVs) by the end of 2018 and remains one of the biggest NEVs markets among Chinese cities, according to statistics released by the traffic control office of Shanghai's public security organ.


  • Tesla Shanghai factory to make Model 3 by 2019-end, 3000 cars per week

    Tesla plans to start producing Model 3 vehicles at its Shanghai gigafactory by the the end of 2019 with initial target set at 3,000 cars per week, the automaker said Thursday.


  • China may continue booming sales in new energy vehicles in 2019, association

    China may continue its booming sales in new energy vehicles (NEVs) in 2019 as the China Association of Automobile Manufacturers (CAAM) forecast 33-percent year-on-year growth in the country's NEV sales in 2019.


  • Shanghai's GDP grows 6.6 pct in 2018

    Shanghai's gross domestic product totaled 3.27 trillion yuan (480 billion U.S. dollars) last year, up 6.6 percent year on year, the municipal statistics bureau announced Tuesday.


  • Chinese, European automakers set up joint platform for manufacturing premium EVs in China

    Austrian automaker Magna Steyr and Chinese electronic vehicle maker Beijing Electric Vehicles (BJEV) on Tuesday celebrated the opening of a new development center.


  • China's auto industry steps up to enter green and intelligent era

    China's automotive industry is undergoing an unprecedented transformation, with more government supports for intelligent and environmental-friendly automotive technologies.


  • Spotlight: More investment opportunities for foreign firms in China 2019

    There will be more opportunities for foreign firms to invest in China in 2019, considering the Asian country's efforts to create a more favorable environment for global business.


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