The latest sales data shows that BYD sold 97,242 passenger vehicles in November, increasing 84.1% year-over-year (YoY). In particular, the sales of New Energy Vehicle (NEV) reached 90,121 units, soaring 252.7% YoY and breaking a new record for the monthly sales of new energy passenger vehicles in China. BYD has seen sales growth for nine consecutive months since this March. …
2021 International Finance Forum in Guangzhou estimates the Global Economy to Grow 5.9% in 2021 Due to Fiscal Stimulus and Monetary Accommodation amid Pandemic
International Finance Forum (IFF) released on Saturday, November 4, its first “IFF Global Finance and Development Report,” aimed to analyze, outline and forecast global economic outlook, risks and policy priorities. The report shows that the global economy has seen a rebound thanks to expanding vaccination coverage, continued fiscal stimulus and monetary accommodation. Specifically, IFF estimates that the global economy is …
The GWM pickup’s global sales top 2 Million Units
In November, Great Wall Motor (GWM) pickup announced at the Auto Guangzhou 2021 that its total global sales exceeded two million units. This made the GWM become the first Chinese pickup brand to achieve such sales performance. The pickup truck is the first vehicle type produced by GWM, and according to official statistics, GWM pickup has seen rapid sales growth …
2021 China (Hainan) Sporting Goods And Equipment Import Expo opened for the first time in Haikou on December 3
2021 China (Hainan) Sporting Goods And Equipment Import Expo organized for the first time was grandly opened in Haikou on Dec. 3rd, 2021, the core bearing area of Hainan free trade port. According to the Department of Tourism, Culture, Radio, Television and Sports of Hainan Province, as China’s first import-themed sporting goods and equipment expo, attracting more than 300 sports …
Dada Group Shared Insights on Benefits and Opportunities Brought by Digitalization at CNBC’s East Tech West 2021
Industrial networks have boosted more connections and made possible the Internet of Things in homes and workplaces. As the world becomes more connected, businesses of today need to balance digitalization’s rewards and risks to avoid pitfalls while maximizing operational efficiency. Jun Yang, Co-Founder, Director and Chief Technology Officer of Dada Group, China’s leading local on-demand delivery and retail platform spoke …