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Agricultural Development Bank of China
auto industry Sorting by the latest release time

  • China to further promote integration of NEVs with energy, transport fields, MIIT official

    China's Ministry of Industry and Information Technology (MIIT) will team up with other departments to further promote in-depth integration of the new energy vehicles (NEVs) with the fields such as energy, transport, information and communications, according to Xin Guobin, vice minister of MIIT, on Thursday.


  • Fast dev. of IoV industry in China boosts investment opportunities

    China has built a national-level innovation center for the Internet of Vehicles (IoV) and four national-level IoV pilot areas, showing rapid development of the ICV industry, according to Fan Shujian, an official of the Ministry of Industry and Information Technology (MIIT) at the recent 2021 China Internet Conference.


  • China's auto industry efforts on a "green chain" towards carbon neutrality goal

    With China's ongoing efforts towards the goal of peaking carbon emissions by 2030 and achieving carbon neutrality by 2060, domestic auto industry also accelerates transformation towards greener and more sustainable development.


  • Across China: German engineer witnesses China's auto industry transformation

    In his 18th year of working and living in China, Michael Steenbock, as a 61-year-old automotive engineer of Volkswagen Anhui, received in April the highest award that east China's Anhui Province confers on foreign experts for their outstanding contribution.


  • World's top auto market becomes broader, smarter and greener

    From electric SUVs named after a Chinese city to self-driving trucks, an ongoing auto show in Shanghai has displayed the new ambitions of global brands to dig into the world's biggest car market as it bounces back from the COVID-19 pandemic.


  • Across China: Auto industry accelerates toward unmanned era

    With technological and industrial transformation being the driving forces, China's automotive industry is becoming more automated and intelligent.


  • China's automobile market performs well in Q1 amid policy support

    China's automobile market in the first quarter of this year outperformed amid implementation of the favorable policies for automobile consumption, the Economic Information Daily reported on Wednesday.


  • China's NEV sales surge in first two months

    Sales of new energy vehicles (NEV) in China increased by 3.2 times year on year in the first two months amid the steady recovery of market demand, data from the China Association of Automobile Manufacturers showed Wednesday.


  • Economic Watch: Chinese auto sales surge in February

    China's auto sales rose 364.8 percent year on year to 1.455 million units in February, data from an industry association showed on Thursday.


  • China's auto industry to see steady growth this year: S&P report

    Major global credit-rating agency Standard & Poor's (S&P) made a projection recently that China's auto industry will see a growth of 5 to 9 percent in terms of vehicles sales, reported Shanghai Securities News on Wednesday.


  • Chinese auto sales up 29.5 pct in January

    China's auto sales rose 29.5 percent year on year to over 2.5 million in January, data from an industry association showed on Tuesday.


  • FAW-Volkswagen sees strong car sales in January

    FAW-Volkswagen Automobile Co., Ltd., a passenger car joint venture between China FAW Group Co., Ltd. and Volkswagen AG, reported strong auto sales in January.


  • China's top automaker FAW targets over 6 mln cars sold in 2025

    China FAW Group Corporation, a leading automobile maker in China, plans to sell more than 6 million vehicles in 2025, growing at an average annual rate of close to 8 percent, the corporation said Wednesday.


  • Ford to manufacture, sell Mustang Mach-E in China

    Ford Motor Co. will manufacture and sell its new and all-electric Mustang Mach-E SUV in China.


  • China expected to see higher auto industry concentration amid cross-industry integration

    China's automobile industry is expected to witness a higher concentration amid the accelerating cross-industry integration this year, the Xinhua-run Economic Information Daily reported on Monday.


  • Chinese carmakers gain strong momentum in overseas market with robust exports

    Despite fallout of the COVID-19 in 2020, Chinese carmakers withstood the test and bucked decline trend with exports rebounding in the second half of 2020, showing strong resilience of the domestic automobile industry and the overseas recognition of the domestic car brands, the Economic Information Daily reported on Friday.


  • China's NEV market to boom in next five years: report

    China's new energy vehicle (NEV) market will see robust growth in the next five years driven by government policies and other factors, according to an industrial report.


  • SAIC Motor car production, sales up in October

    Major Chinese automaker SAIC Motor Corporation Limited reported growth in production and sales in October.


  • China's used car sales rise in July

    China's used car sales climbed 4 percent year on year in July as the market continued to recover, industry data showed.


  • Chinese-branded passenger car sales drop in first seven months

    Sales of Chinese-branded passenger cars saw a year-on-year decrease of 24.99 percent in the first seven months of this year, the latest industry data showed.


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