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SASAC said central state-owned enterprises recorded aggregate profit of 1.4 tln yuan in Jan–Jun and their fixed-asset investment rose 4.5% YoY over the period. SASAC said central SOEs are focused on meeting annual targets and implementing targeted qu

2026-07-22

SASAC said central state-owned enterprises recorded aggregate profit of 1.4 tln yuan in Jan–Jun and their fixed-asset investment rose 4.5% YoY over the period. SASAC said central SOEs are focused on meeting annual targets and implementing targeted quality-and-efficiency improvement measures.

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2026-07-22

1. Fu Bingfeng, China Association of Automobile Manufacturers (CAAM): The problem of vehicle homogenization is becoming increasingly serious; he calls on automakers to return to rational competition. 2. Fu Bingfeng, China Association of Automobile M

1. Fu Bingfeng, China Association of Automobile Manufacturers (CAAM): The problem of vehicle homogenization is becoming increasingly serious; he calls on automakers to return to rational competition. 2. Fu Bingfeng, China Association of Automobile Manufacturers: Moving towards a new stage of competition for existing market share, we must adhere to long-termism. 3. Horizon Robotics' AI platform model fully empowers Volkswagen, accelerating the mass production and deployment of L3 and L4 autonomous driving. 4. CAAM: The top ten MPV manufacturers sold a total of 394,000 units from January to June. 5. Luo Junjie, China Machinery Industry Federation: Promoting the widespread application of new materials and equipment in the automotive field. 6. General Motors CEO: Expanding domestic manufacturing in the US next year will bring production to over 2 million vehicles, further reducing tariff risks. 7. Reports indicate that major BBA (BMW, Mercedes-Benz, Audi) models will collectively lower prices this year; Audi sales staff say the maximum discount is 160,000 yuan. 8. Zhu Jiangming, Leapmotor: Large-capacity plug-in hybrid vehicles still have significant development potential. 9. China Charging Alliance: 95.4% of electric vehicle users prefer DC fast charging, and 87% of users engage in cross-carrier charging. 10. Reports indicate that Fiat is about to withdraw from the Australian market, having sold only 13 cars in June.
2026-07-22

South Korea's Lee will visit San Francisco, Brazil, Chile, Argentina and Germany from July 24 to August 3.

South Korea's Lee will visit San Francisco, Brazil, Chile, Argentina and Germany from July 24 to August 3.
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