Huawei’s logo. [Photo/VCG] Huawei Technologies Co officially kicked off the sales of its much-anticipated Pura 70 series on Thursday morning, which is widely seen as the key to further reviving its smartphones business in China Pura 70 series is widely expected to generate enthusiasm among consumers in China, and may see a sales boom similar … Continue reading Huawei’s Pura 70 smartphones go on sale
Tag: sales
Car sales accelerate in March
Employees inspect new energy vehicles on the assembly line of Li Auto’s workshop in Changzhou, Jiangsu province, in December. [CHEN WEI/FOR CHINA DAILY] Many carmakers saw their March sales rise in China, fueled by the popularity of new energy vehicles and amid fierce competition that analysts expect to continue throughout the year. BYD reclaimed its … Continue reading Car sales accelerate in March
China uses tax reverse charge to promote recycling
Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing, China. [Photo/Agencies] China’s State Taxation Administration said on Wednesday that it will offer reverse charge — a tax mechanism that allows buyer, instead of seller, to declare and pay tax to government — for recycling companies by the end of … Continue reading China uses tax reverse charge to promote recycling
GAC Group announces share repurchase plan
Workers assemble GAC Aion new energy vehicles at a plant in Guangzhou, Guangdong province, in July. [Photo/Xinhua] GAC Group, one of the major automobile manufacturers based in Guangzhou, Guangdong province, announced for the first time its intention to repurchase A-shares and H-shares worth 500 million yuan ($69.15 million) to 1 billion yuan, according to the … Continue reading GAC Group announces share repurchase plan
Roborock hits global top in smart vacuum cleaner sales
Quan Gang, president of Roborock, makes a speech in a product launch event in Beijing on March 29, 2024. [Photo provided to chinadaily.com.cn] Chinese tech company Roborock became the top-selling brand of smart vacuum cleaners worldwide in terms of global sales in 2023, according to the market research firm Euromonitor International. Quan Gang, president of … Continue reading Roborock hits global top in smart vacuum cleaner sales
ZF expresses confidence about auto industry’s future in China
ZF operates more than 50 plants, four R&D centers and 240 after-sales service centers in China. [Photo/China Daily] Global technology company ZF remains bullish about the Chinese market, pledging continued investment, innovation and localization efforts in the world’s largest auto market, its CEO said at the China Development Forum on Sunday in Beijing. “China is … Continue reading ZF expresses confidence about auto industry’s future in China
Xiaomi president: SU7 price a bit expensive
The SU7, produced by Chinese tech company Xiaomi Corp, is displayed at the Mobile World Congress 2024 in Barcelona, Spain. [GAO JING/XINHUA] The price of Xiaomi’s first pure electric sedan SU7 could be a bit expensive, reported ThePaper.cn on Tuesday, quoting Lu Weibing, president of the Chinese tech company. Lu said that he believed the … Continue reading Xiaomi president: SU7 price a bit expensive
China’s commercial vehicle output, sales up in first 2 months
BEIJING – China’s commercial vehicle production and sales recorded solid growth in the first two months of 2024, according to industry data. The output of commercial vehicles rose 9 percent year-on-year to 560,000 units in the period, the China Association of Automobile Manufacturers said. Commercial vehicle sales increased 14.1 percent to 575,000 units in the … Continue reading China’s commercial vehicle output, sales up in first 2 months
Roborock hits the global top one in smart vacuum cleaner sales
Quan Gang, president of Roborock, gives a speech at a product launch event in Beijing on March 29, 2024. [Photo provided to chinadaily.com.cn] Chinese tech company Roborock became the top-selling brand of smart vacuum cleaners worldwide in terms of global sales in 2023, according to the market research firm Euromonitor International. Quan Gang, president of … Continue reading Roborock hits the global top one in smart vacuum cleaner sales