In the first two months of this year, 1.73 million sport utility vehicles were sold in China, up 11.6 percent, year-on-year, accounting for 38.3 percent of all cars sold, and 3.5 percentage points higher than the rate last year, according to a post Tuesday on the website of the National Development and Reform Commission. In addition to SUVs, new energy vehicles, another example of consumption upgrading in the auto sector, saw a year-on-year increase of 200 percent as a total of 75,000 e-vehicles were sold in the first two months of this year.
In the automobile industry, TCU refers to the embedded onboard system that controls vehicle tracking. Harman's technology provides scalable mobile network connectivity for cars using either the current 4G network infrastructure or the faster 5G network of tomorrow, the company said on Tuesday.
In the face of uncertainties from trade tensions, some regions and countries are shifting to prefer using their own currencies in global trade and investment, prompting reforms in the existing US-dollar denominated global monetary system and providing more potential for the yuan's broader use worldwide, Huo said.
In the future, new measures will be released to improve employment quality and the standard of living.
In the January-September period last year, the NEV sales in China rose 20.8 percent year on year to 872,000 units, according to the China Association of Automobile Manufacturers.
In the first half of this year, the total number of Chinese outbound tourists reached 71.31 million, increased by 15 percent year-on-year from 62.03 million in the same period last year, as the number of outbound travel destination countries has increased under the Belt and Road Initiative, a report by the data center of the Ministry of Culture and Tourism said.
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In the future, both camping culture and the RV industry in China, with continuous efforts of all parties, will move into a rapid development stage. LIVIK Culture can bring in more advanced technology, experience and operations and help Chinese enterprises enter the RV industry.
In the battle against the novel coronavirus outbreak, the Chinese government will spare no effort to ensure supplies of commodities and stabilize prices to meet public expectations and enhance confidence, a government official told a news conference on Wednesday.
In the first ten months, China's banking regulatory authorities imposed administrative penalties in 2,617 cases of irregularities in the industry, with fines totaling 667 million yuan (1.4 million) for State-owned banks, joint-equity banks and city commercial banks.
In the first seven months of 2020, the city's actual use of foreign capital climbed 12.8 percent year-on-year to about .9 billion, official data showed. About 2,000 foreign-invested enterprises were set up in the booming city as well in the first half of the year.