Volkswagen said it will introduce five new models by 2025. JAC said in a regulatory filing that Volkswagen will also introduce models under its mainstream brands into the joint venture, which will have an annual capacity of 350,000 to 400,000 units by 2029.
Vladimir Nezhdanov, a researcher of modern history and world politics at the University of Tyumen in Russia, said Li's report has delivered to the world a positive signal about China coming out of the COVID-19 crisis.
WASHINGTON - The United States recorded 1,509 deaths related to the coronavirus pandemic over the past 24 hours, according to a tally by Johns Hopkins University as of 8:30 pm Monday (0030 GMT Tuesday).
Vivo's CEO Shen Wei said in December that the company will issue 5G mobile phones and partake in the 5G network test in 2018, adding that Vivo will launch its pre-commercially available 5G cellphones in 2019 and officially sell 5G mobile phones for commercial use in 2020.
WASHINGTON - The People's Bank of China (PBOC), China's central bank, could play a role in promoting the wider use of Special Drawing Rights (SDR), said Yi Gang, deputy governor of the PBOC, on Friday.
WASHINGTON - The US House of Representatives vote Tuesday by 424-1 to approve a resolution condemning white supremacy, responding to remarks by Representative Steve King questioning why white supremacy is considered offensive.
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WASHINGTON - The US Supreme Court appeared divided on Wednesday as the justices weighed a major abortion rights case - a challenge to a Louisiana law that imposes restrictions on doctors that could make it harder for women to obtain the procedure, with Chief Justice John Roberts representing the potential decisive vote.
Visitors practice bamboo weaving - a traditional handicraft in Sichuan province - during a recent expo in Beijing. [Photo by Zhu Xingxin/China Daily]
Volkswagen Group China President and CEO Jochem Heizmann said that the sales of the company saw steady growth in the first nine months, with SUVs the strongest growth driver.
WASHINGTON - At least 20 people were injured on Saturday in a gas explosion at a shopping center in Plantation, a city in southeastern US state of Florida, local media reported.