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March 26, 


China News

3 minutesKnow China


Chinese carmaker Jianghuai Automobile Group Corp swung back to profit last year, according to the annual report of the company. Data showed that its net profits attributable to shareholders totaled 106 million yuan ($15 million) last year, compared to losses of 786 million yuan a year earlier.


Shanghai released a new version of requirements for companies resuming work, production and business, to support the recovery of businesses while maintaining prevention and control of COVID-19.


A tourism rebound is expected in May as a survey revealed people's intention to travel within the country, with May the most chosen month. The survey by China Tourism Academy and Trip.com released on Friday covered nearly 15,000 people from over 100 cities. Over 85 percent are aged between 18 and 45 years old.


NIO Inc, a Chinese leading electric vehicle manufacturer said in a financial report released on Wednesday that its full-year deliveries of vehicles reached 20,565 in 2019, compared with 11,348 units delivered in 2018.


To match the rapid trend of resuming work in Shanghai, the United Office Platform of Global Chambers (GCP) issued a preferential policy to provide companies who join in the GCP before the end of March with two months of free co-working office space and amenities. Welcome to contact EAcham for more details.


Wuhan, China's "motor city" and the epicenter of the novel coronavirus outbreak, has allowed car producers and auto part suppliers to resume work, a Hubei provincial official said Wednesday.


China is streamlining the necessary examination and approval procedures for carmakers and auto part suppliers, including those for new product launches, as part of its efforts to help companies resume operations amid the novel coronavirus outbreak closures.

SourceGlobaltimes, Xinhuanet, Chinadaily, Shine, GdtodayChina Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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