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Car hailing market cools down despite sharing economy boom

The ride-hailing market seems to be cooling down. Starting from March 20, drivers who do not have Beijing’s local car license plates find that they cannot receive ride orders when running in Beijing’s downtown areas from Didi Chuxing, China’s leading ride-hailing platform. Didi suggests those drivers to continue to run

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Scania sells 1,000th truck in China, optimistic of future growth potential

SHANGHAI – Scania handed over symbolic keys to the 999th and 1,000th truck it has sold in China this year – both tractors – to ZTO Express, a leading Chinese express delivery company and one of the largest express delivery companies globally. The ceremonial handover took place at an award

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China auto parc at 190 million units by end of September

BEIJING – China’s automobile parc reached 190 million units by the end of September, according to data released by the Ministry of Public Security on October 14. That accounts for about two-thirds of 280 million motor vehicles on the roads by the end of September. The tally for licensed motor

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Continental Tires launches new Generation 6 products in Asia-Pacific

JIULONGSHAN, Zhejiang – Continental Tires unveiled here two brand-new recent upgrades of its Generation 6 products, UltraContact UC6 and ComfortContact CC6, which are custom-designed for the Asia-Pacific region, on September 12. The launch of the Generation 6 products demonstrates Continental Tires’ relentless innovation to redefine technology in providing consumers in

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China’s 13th Five-Year Plan and the Auto Industry

The 13th Five-Year Plan for the Economic and Social Development of the People’s Republic of China (13th Five-Year Plan) was released by the Chinese government on March 17. The 20-section, 80-chapter and more than 60,000-character document outlines the country’s policy framework, priorities and economic and social development goals for 2016-2020,

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