20200124 China News

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China News

1China's auto market will likely bottom out this year and next, after posting negative sales growth for two consecutive years, a senior official said Monday.


Exports of Malaysian durians to China have increased following the latter country's decision last summer to expand imports of the fruit from the Southeast Asian country.



Great Wall Motors has agreed to buy General Motors' car plant in India, the companies said on Friday. The move comes as the Chinese automaker expands overseas amid slowing domestic demand.


BMW AG said it will strengthen its China strategy in 2020, as efforts to meet local demands have helped make it the country's most popular premium carmaker.


China's textile industry, a sector that provides jobs to over 27.15 million people in both production and sales, will deploy more resources in green technology and sustainable development to tackle climate change, a senior industry official said.


China's booming civil aviation industry is expected to see 710 million air passenger trips in 2020, up 7.6 percent from last year, according to the country's civil aviation authorities.


Stabilizing home prices and promoting rental housing will be the focus of the Chinese government in the property sector from the central to the local level this year, as part of efforts to further improve people's livelihoods.


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SourceGlobaltimes, Xinhuanet, Chinadaily, Shine, GdtodayChina Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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