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Bright prospects for Chinese new energy buses in the overseas market

China produced and sold 547,000 and 543,000 buses in 2016, down 7.4 and 8.7 percent respectively, according to data from China Association of Automobile Manufacturers (CAAM). New energy bus sales, on the other hand, increased 24.41 percent to 129,000 units, reversing the negative growth trend of the overall bus industry.

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Major industry executive changes in 2016

Brand Origin Name New Position Previous Position U.S. Sheng Wenjiang Transferred back to the U.S. VP of GM China Sales, Service & Marketing; VP of SAIC-GM                   Marc Comeau VP of GM China Sales, Service and Marketing; VP of SAIC-GM                   VP of GM

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Shin-Etsu Chemical to build rare-earth alloys plant in Fujia

LONGYAN, Fujian – Japanese chemical giant Shin-Etsu Chemical Co. will build a factory to produce alloys of rare earth metals this year in Longyan of Fujian Province to secure stable procurement of such materials, the Nikkei reported. The plant will have an annual production capacity of 3,000 tons and it is slated to begin production

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China light vehicle sales to top 30 million by 2020, says IHS Automotive

DENVER – China’s annual light vehicle sales (passenger vehicles and light trucks and buses) are forecasted to reach 30.68 million by 2020, according to a recent report released by data and research firm IHS Automotive.   That would be up 74 percent from 17.66 million units sold in 2011, said the

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China’s auto market in the second half of 2011

–  by Huang Chenglin China produced and sold 9,156,000 and 9,325,200 units of vehicles in the first half of this year, up 2.48 and 3.35 percent year-on-year respectively, a large decline compared with the skyrocketing growth in the past two years. Facing the unpredictable China auto market, industry analysts see different

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