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  • Chinese commerce minister meets chairman of BMW AG

    Chinese Commerce Minister Wang Wentao met with Oliver Zipse, chairman of the board of management of BMW AG, in Beijing on Saturday, according to a statement released by the Ministry of Commerce.

    March24,2025


  • Metro AG to launch first store in China's Hainan

    German retail giant Metro AG is set to open a new store in Haikou, capital of south China's Hainan Province, in the second half of this year.

    January03,2025


  • Porsche AG replaces Puma in Germany’s DAX

    A tuned Porsche 911 RS 38 is looked at by a trade visitor at the Essen Motor Show. Porsche AG replaced sportswear company Pum...

    December23,2022


  • Continental AG expands production capacity at China tire plant

    German car parts supplier Continental AG put into operation the fourth phase of its tire plant in Hefei, capital of east China's Anhui Province, on Thursday, said the company.

    June21,2024


  • Financial investor Silver Lake takes a stake in Software AG

    The US-based financial investment firm Silver Lake is investing in the German company Software AG. Silver Lake will subscribe to convertible bonds of the company for approximately 344 million euros, representing about 10 percent of the currently issued share capital.

    December15,2021


  • Porsche AG closed the year with record sales thanks to China

    More than one third of the cars of the Stuttgart-based Group were sold in China in 2020, which means around 89,000 units, up 3% compared to 2019.

    March23,2021


  • STS Group AG to expand in China with a new plant in Taixing

    The new location will promote the proximity to customers of a smart manufacturing cluster and new materials industry, cut costs and protect the environment

    May31,2022


  • German steel producer Salzgitter AG invests 723 million euros in low-CO2 production

    German steelmaker Salzgitter AG is investing 723 million euros in low-carbon steel production. The first order for this was placed this week.

    August26,2022


  • Siemens AG plans a new innovation centre in Berlin or abroad

    German technology conglomerate Siemens AG plan to invest 600 million euros (703 million dollars) in an innovation centre, a Zukunftscampus (translated meaning "future campus").

    August03,2018


  • Chinese Jifeng takeover of German Grammar AG almost complete

    Chinese auto parts group Ningbo Jifeng has exceeded the threshold for its takeover offer to the shareholders of German company Grammer AG.

    August09,2018


  • German Hastor investors exit Grammer AG, sell to Chinese Jifeng

    The Hastor investor family is exiting from its share of the German automotive supplier Grammer AG.

    August14,2018


  • Zhejiang CFMOTO Power to buy 1.17pct stake in KTM Industries AG for RMB113mln

    Zhejiang CFMOTO Power Co.,Ltd. announced that it planned to buy 1.17 percent stake held by Pierer Industrie AG in KTM Industries AG through its wholly owned Hong Kong subsidiary.

    May29,2018


  • Kaizhong Precision Technology's subsidiary signs long-term supply contract with Daimler AG

    BEIJING, Aug.27 (Xinhua) --- Shenzhen Kaizhong Precision Technology Co (002823. SZ) announced on August 27 that its wholly-owned subsidiary Kaizhong Vogt Gmbh has signed a multi-year supply contract with the global automobile giant Daimler AG recently.

    August27,2018


  • Interview: Market, tech make China important -- Insights from Continental China's CEO

    After 30 years of development in China, Continental AG values not only China's market volume, but also its advanced technologies, said Enno Tang, president and CEO of Continental China in an exclusive interview with Xinhua News Agency recently.

    June26,2024


  • China Development Forum 2025 opens in Beijing

    The China Development Forum 2025 is scheduled from March 23 to 24. The theme of this year's forum is "Unleashing Development Momentum for Stable Growth of Global Economy."

    March24,2025


  • Chinese autonomous driving startup to develop AI-driven car with Smart

    Chinese autonomous driving startup DeepRoute.ai on Thursday announced that it has reached a strategic cooperation agreement with automobile manufacturer Smart to develop an AI-driven intelligent car.

    January17,2025


  • Volkswagen Group and SAIC Motor extend joint venture contract to 2040

    Volkswagen Group and SAIC Motor announced on Wednesday that they have signed an extension for their joint venture contract in Shanghai until 2040, further strengthening their long-term partnership.

    November28,2024


  • Mercedes-Benz to increase investment in China

    Germany's leading luxury automaker Mercedes-Benz announced on Wednesday that, along with its Chinese partners, it would invest an additional 14 billion yuan (1.97 billion U.S. dollars) into the Chinese market, increasing its product portfolio in the country.

    September05,2024


  • 【Financial Str. Release】Foreign financial institutions speed up paces to invest in China

    Foreign financial institutions are expediting their paces to invest in China as seven of them have applied to the Chinese securities regulator for qualified foreign investor qualifications since the start of July, reported Xinhua Finance on Wednesday.

    July31,2024


  • BMW to integrate DeepSeek AI in new vehicles in China

    BMW will integrate artificial intelligence (AI) technology from Chinese tech startup DeepSeek into its newest cars in China later this year, said Oliver Zipse, chairman of the board of management of BMW AG, at the Shanghai auto show on Wednesday.

    April24,2025


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