Li Auto Is China's First EV Startup to Hit Million-Car Mark, Powered …
(Yicai) Oct. 16 -- Li Auto has become the first Chinese new energy vehicle startup to produce one million cars, with the one-millionth vehicle rolling off the assembly line at its factory in Changzhou yesterday.
New Petrochemicals Complex Starts Up in Shandong, Home of …
(Yicai) Sept. 26 -- Yulong Petrochemical’s new complex has begun operations in Shandong province, the cradle of China’s many so-called teapot refineries, marking a significant step in consolidating these small, privately-owned businesses into a large and cost-efficient facility.
Chinese Cities Climb Kearney Global Cities Ranking
(Yicai) Oct. 21 -- Chinese cities have risen strongly in the Kearney Global Cities Index, according to a report released by the consulting firm today, thanks to a recovery in international exchanges and improved digital infrastructure.
一财全球Yicai Global
4 days ago · JD Pay aims to cut transaction fees to at least 20% less than WeChat Pay next year to benefit and support industrial partners, the Chinese e-commerce giant said at its supply chain industry conference yesterday, adding that it will also invest CNY1 billion (USD137 million) in marketing to help partners reduce costs and increase efficiency.
China-Laos Railway Extends Reach With Thailand Link, …
(Yicai) July 16 -- The linkage effects on China and the Association of Southeast Asian Nations of the China-Laos Railway, a landmark project in the Belt and Road Initiative, has deepened with Thailand's inclusion, creating a more convenient and faster rail corridor between the three nations.
China’s Horizon Robotics Seeks Up to USD695 Million in Hong …
(Yicai) Oct. 18 -- Horizon Robotics, a leading Chinese developer of self-driving technology, aims to raise as much as HKD5.4 billion (USD695 million) from its initial public offering in Hong Kong, which would make it the city’s biggest IPO so far this year.
CCF, Offshore Central Bank Bills Stabilize Chinese Yuan at Around …
(Yicai) Nov. 21 -- The gradual weakening of the Chinese yuan against the US dollar over the past two weeks has halted at around 7.25 this week thanks to the Counter-Cyclical Factor and more redback bill sales by China's central bank in Hong Kong.
China’s Nio to Enter MENA Region, Set Up Smart Driving R&D …
(Yicai) Oct. 8 -- Nio said it plans to enter the Middle Eastern and North African region, starting with auto deliveries in the United Arab Emirates this quarter, and will establish a research and development center for smart driving and artificial intelligence technologies in Abu Dhabi.
Chinese Carmakers to Occupy Third of Global Auto Market by …
(Yicai) July 11 -- Chinese automakers will gain a one-third share of the world auto market by 2030, according to the latest Global Automotive Outlook released by US consulting firm AlixPartners.
Saudi Group Ajlan & Bros Makes CIIE Debut, Seeking to Bridge …
(Yicai) Nov. 12 -- Ajlan & Bros Holding Group, one of Saudi Arabia's largest investment conglomerates, made its debut at the China International Import Expo this year, with the aim of supporting more Chinese companies in expanding into the Middle East and North Africa region.