Zhuangmei Baise joined hands with CRRC to promote the development of wind power industry cluster. On the morning of March 28th, CRRC Baise New Energy Equipment Industry Base project started in Shenbai Industrial Park, Baidong New District, Baise City. After the completion of this project and its follow-up industrial projects, it will become the largest wind power industry cluster base in Guangxi, and it will be equipped with a strong green engine to promote the energy revolution and realize the strategic goal of rural revitalization in Baise Revolutionary Old Area.According to the introduction...
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On March 25th-27th, China Electric Vehicle committee of 100 Forum (2022) opened in Beijing. The theme of this forum is 'Meeting the new stage of market-oriented development of new energy vehicles'. During the forum, Gu Huinan, general manager of Guangzhou Automobile Ean New Energy Automobile Co., Ltd., was interviewed by the media.On January 5th, Guangzhou Automobile Group released the annual sales data for 2021. The data shows that Guangzhou Automobile Group sold 2.173 million cars at the terminal in 2021, a year-on-year increase of 6.4%. Gu Huinan believes that GAC's good perform...
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BEIJING, March 27 (Xinhua) -- The share of Chinese passenger car brands in the domestic market increased in the first two months of the year, data from an industry association showed.Over 1.63 million Chinese brand passenger cars were sold in the country during the period, surging 20.3 percent year on year, according to the China Association of Automobile Manufacturers.The market share of these brands accounted for 44.6 percent in the country in the January-February period, up 2.2 percentage points year on year.In February alone, the sales of Chinese brand passenger cars soared 27.9 percent ye...
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BEIJING, March 27 (Xinhua) -- Profits of China's major industrial firms rose 5 percent year on year in the first two months of 2022, official data showed on Sunday.The growth rate went up 0.8 percentage points from December last year, the National Bureau of Statistics (NBS) said.Industrial firms each with annual main business revenue of at least 20 million yuan (3.14 million U.S. dollars) saw their combined profits reach 1.16 trillion yuan in the two months.In the January-February period, the revenues of those firms went up 13.9 percent year on year to 19.4 trillion yuan, and 21 out of 41 ...
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BEIJING, March 24 (Xinhua) -- The Postal Savings Bank of China, one of the country's state-owned banks, saw the outstanding amount of its microloans to small businesses stand at 1 trillion yuan (157.23 billion U.S. dollars) on Wednesday, the Shanghai Securities News reported on Thursday.The lender has handled more than 6 trillion yuan of microloans for about 50 million customers, and each of the loans stood at more than 100,000 yuan on average, said the report.The lender has been boosting digital transformation to provide easier access to microloans for clients.With about 40,000 outlets, t...
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BEIJING, March 24 (Xinhua) -- How to best handle the relationship between the 'visible hand' of the government and the 'invisible hand' of the market is a challenge facing policymakers in China and beyond.When the 'invisible hand' fails to move the economy forward, as observed in some Western countries, China has adopted a 'two-hands' approach to drive growth.The economic philosophy of Chinese President Xi Jinping, widely known as 'Xiconomics,' emphasizes the market's decisive role in allocating resources; at the same time, Xiconomics allows the gove...
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On March 21st, Yin Hua Fund announced that Yin Hua Global New Energy Vehicle Quantitative Preferred Stock-based Initiated Securities Investment Fund (QDII) had started to raise funds on March 1st, and the original deadline for raising funds was March 21st. In order to fully meet the investment needs of investors, it was decided to extend the fund raising period to March 31st.
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For the new energy light truck market, problems such as mileage anxiety, energy supplement anxiety and price anxiety still plague users. In order to promote the popularization and application of new energy light trucks, Jiangqi Group has broken the tradition and is developing pure electric light trucks with vehicle-electric separation. The whole vehicle is separated from the battery, and customers buy the body and rent the battery. The purchase cost is equivalent to that of fuel trucks, reducing the one-time purchase cost.With the concept of green logistics deeply rooted in people's hearts...
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