China's economy resilient, rebalanced in H1
China's economy, though facing headwinds, showed steady growth signalling high quality development in the first half of 2019, as the country's economic structure continued to optimize.
Macro
China's consumption maintains vitality, upgrading
China's consumption market has maintained overall stability so far this year, retaining medium-high speed, thanks to a slew of government policies.
Financials
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China continues tax exemptions on new energy vehicles purchases
Chinese authorities have announced that the tax exemptions on NEVs purchases will continue through 2020 to boost country's green development and retain a strong domestic market.
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China's logistics sector continues to expand
China's logistics activities remained expansionary in June, data showed.
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Companies
Walmart to invest 8 bln yuan in logistics, supply chains in China
Global retail giant Walmart has decided to invest around 8 billion yuan in the next decade to upgrade its logistics and supply chains in the Chinese market.
Tesla builds 1,700 super chargers in China
U.S. electric car maker Tesla said Wednesday that it had expanded the charging network in China and built more than 1,700 super chargers in its biggest overseas market.
China's Dongfeng plans manufacturing electric cars in Egypt
China's giant automaker Dongfeng Motor Corporation held discussions with the Egyptian minister of trade and industry over manufacturing electric cars in Egypt, the Egyptian ministry said in a statement.
