China’s economic growth slowed to 4% in Q4 2021, reaching 8.1% in growth for the whole year.
China’s economy slowed down in Quarter 4 of 2021, as gross domestic product growth came in at 4%...
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Månad: januari 2022
Xiaomi smartphone sales up 46.9% m-o-m in Nov, No 2 in China
Xiaomi jumped to the second place in domestic smartphone sales in November, with 4.1 million units sold, which was mainly attributed to the debut of Redmi Note 11 series and the sales promotion of Double Eleven campaign – China’s largest shopping spree.
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Top 10 Chinese companies on Fortune list
The 10 most profitable companies on the list are Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China, Tencent, Alibaba, Ping An Insurance, China Mobile, China Merchants Bank and Bank of Communications, with total net profits reaching 1.74 trillion yuan.
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China’s consumption momentum stays robust during Chinese holiday
China’s consumption momentum remained robust during the New Year holiday due to effective control of COVID-19 cases.
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China to cut new energy vehicle subsidies by 30% in 2022
China, the world’s biggest auto market, has set a target for NEVs, including plug-in hybrids and hydrogen fuel cell vehicles, to make up 20% of auto sales by 2025.
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