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China to keep creating top-notch business environment for foreign firms: official
China will unswervingly pursue high-standard opening up and continue to create a first-class business environment for foreign companies, including European firms, a senior official with China's top economic planner said on Tuesday.
December06,2023
BMW reports robust electric vehicle sales growth in China
The BMW Group delivered 99,972 all-electric vehicles in the Chinese market in 2023, a year-on-year increase of more than 138 percent, the automaker has said.
January15,2024
BMW to further invest 2.8 bln USD in NE China production base
German carmaker BMW announced on Friday an additional investment of 20 billion yuan (about 2.81 billion U.S. dollars) in its production base in Shenyang, capital of northeast China's Liaoning Province.
April28,2024
China sees spurred business entities vitality in Q1-Q3
Statistics from State Administration for Market Regulation (SAMR) showed that in the first three quarters, the number of newly established foreign-invested enterprises hit 46,586, exceeding the pre-pandemic level, while the number of newly established private enterprises was 7.065 million, indicating a year-on-year increase of 15.3 percent.
November16,2023
China, Germany aim for steady progress in economic cooperation
In January, German company Beumer Group settled in Taicang, Jiangsu Province, marking the arrival of the 500th German enterprise in this eastern Chinese city.
April16,2024
New Opportunities of China-Laos Economic and Trade Cooperation in New Era
The report mainly presents the fruitful results achieved in bilateral economic and trade cooperation, the key cooperation construction projects between the two countries, and the vast opportunities for bilateral cooperation in the future.
December08,2023
BMW increases production of battery modules for e-cars in Leipzig
German carmaker BMW is expanding its production of electric drive systems in Germany.
August03,2022
China Focus: BMW celebrates 20th anniversary of taking root in China
BMW Group's joint venture in China, BMW Brilliance Automotive Ltd. (BBA), on Thursday marked the company's 20th anniversary, announcing further investment and localization of its electro-mobility in China.
May19,2023
Economic Watch: China remains popular destination for foreign investment
China remains a hot spot for foreign investment, as business operators' opinions resonate with the country's official data.
February22,2023
Xinhua Headlines: BMW enters more Chinese families
Liu Yifang, a resident in Shenyang, northeast China's Liaoning Province, replaced his compact car with a BMW sedan in 2012, as he believed that the German brand had become affordable for more Chinese families.
May25,2023
Interview: BMW senior official says engagement better than judgement, stressing cooperation with China
German auto giant BMW AG would continue to deepen cooperation with its Chinese partners due to China's market and strong innovation capability, said its Chairman of the Board of Management Oliver Zipse.
January09,2023
Global carmakers vie for China's vast auto market
The 19th China Changchun International Auto Expo that kicked off on Friday in Changchun, capital of northeast China's Jilin Province, has attracted tens of thousands of automobile enthusiasts.
July18,2022
Foreign companies remain upbeat about Chinese market
Foreign-funded enterprises remained upbeat about investment prospects in China amid the country’s continuous efforts to open its door wider and increase its market appeal to global investors.
November03,2022
BMW to launch China-exclusive all-electric 3 Series
German carmaker BMW announced on Thursday it will launch the first all-electric 3 Series car exclusively for the Chinese market in May 2022.
April01,2022
BMW opens new factory in China
A new factory of BMW Group's joint venture in China opened Thursday in Shenyang, northeast China's Liaoning Province, with an investment totaling 15 billion yuan (about 2.2 billion U.S. dollars).
June24,2022
Interview: China set to remain world's largest NEV market, says BMW CFO
China will continue to be the world's largest new energy vehicle (NEV) market for years to come, said Nicolas Peter, chief financial officer (CFO) and member of the Board of Management of BMW AG, in a recent exclusive interview with Xinhua.
May07,2022
Foreign companies eye opportunities in China with continued investment
Foreign giants like Fast Retailing, Siemens Healthineers, and L'Oreal have been opening new stores, increasing investment, and launching new projects, demonstrating their confidence in China, as well as the determination to expand their presence.
June24,2022
China leads new energy vehicle development
China now leads the world in new energy vehicle (NEV) development, according to a survey ranking China top in its global electric vehicle development index for the first time in the second quarter of 2017.
July17,2017
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...
February19,2019
Luxury in China, BMW and Ferragamo keep growing in double figures
The German company managed to increase its turnover by 24 percent - even despite the definite slowdown interesting the traditional segment of the Chinese automotive industry. Meanwhile, Ferragamo approached a 20 percent growth, pushed by the younger generations and by e-commerce.
August02,2019
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