China's foreign trade defies virus odds, ends 2020 on record highs
China's total goods imports and exports expanded 1.9 percent year on year to 32.16 trillion yuan (about 5 trillion U.S. dollars) in 2020, hitting a record high despite a worldwide slump in shipments.
Macro
China's consumer inflation remains stable, within target in 2020
China's CPI, a main gauge of inflation, rose 2.5 percent year on year, staying within the government's annual target of around 3.5 percent, data from the National Bureau of Statistics showed on Monday.
Industries
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China's auto market sees strong recovery in 2020
China's auto market saw a forecast-beating performance in 2020 despite the impact of the COVID-19 epidemic, thanks to policy support and a strong recovery in consumer demand, data from an industry association showed Wednesday.
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China to further boost its manufacturing prowess in 2021
Having successfully navigated the extreme hardship brought by the COVID-19 pandemic in 2020, manufacturers across China are kicking production into high gear to make use of every minute of the new year.
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Companies
China liquor maker Wuliangye posts solid revenue growth in 2020
China's leading liquor producer Wuliangye Yibin Co., Ltd. has posted an estimated year-on-year revenue increase of 14 percent to reach 57.2 billion yuan (about 8.76 billion U.S. dollars) in 2020.
Ride-hailing giant fined for not taking adequate epidemic prevention measures
An online platform of Didi Chuxing, a Chinese ride-hailing giant, was fined 340,000 yuan (about 52,700 U.S. dollars) for not taking adequate epidemic prevention and control measures.
Geely, Foxconn team up for auto joint venture
Geely Holding and Foxconn have signed a strategic cooperative agreement to establish a joint venture company providing OEM production and comprehensive customized consulting services.
