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Electric carmaker Tesla Inc has opened up order booking in China for its two versions of the Tesla Model 3 on Friday, according to the company's official weibo account.
China's foreign exchange reserves fell for the second consecutive month in March to $3.06 trillion, as the value of reserves in other currencies fell due to the global financial market turmoil and decline in oil prices amid the novel coronavirus outbreak, the State Administration of Foreign Exchange said on Tuesday.
China plans to pump another 53 billion yuan ($7.5 billion) into a relief package targeting vulnerable groups as the novel coronavirus outbreak has led to a rise in commodity prices and unemployment, said the Ministry of Finance.
A total of 52 new imported cases of novel coronavirus were reported in Shanghai on Saturday, making the imported cases hit 268. Among the new cases, 51 are Chinese taking on the same flight from Russia, said the Shanghai Health Commission on Sunday morning.
Sports fans will have more to expect on Hainan Island as the development of a national sports tourism pilot zone in the island promises new attractionsstaging of more big-ticket international sports events, more well integrated sports tourism routes featuring the island's unique natural and cultural resources, and access to duty-free branded sports goods.
China's output of storage batteries to power new energy vehicles (NEV) in March skyrocketed 396.6 percent from the previous month amid work resumption, industry data has shown.
Shanghai-based Chinese automaker SAIC Motor Corporation Limited reported plunging sales in the first quarter of this year. Auto sales plunged 55.71 percent year on year to 679,028 units during the January-March period, the company said in a statement filed to the Shanghai Stock Exchange.
Author: Producer Emilio Mendez
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