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Chinese NEV manufacturers urged to innovate to survive in growing market

China-Russia relations have undergone twists and turns over the past seven decades since 1949. It is hard for the two neighboring countries, both great powers in the world, to ignore each other, geographically, politically, economically or culturally, and they have unique relations.

China's production-led economic recovery is poised to gain further traction with key indicators for May confirming that the nation is emerging strongly from the COVID-19-related slump, officials and experts said on Tuesday.

China, Brazil, Russia, India and South Africa reached a consensus specifying emerging industries characterized by the internet, digitization and intelligence have deeply changed traditional business models, adding they would also be the new driving forces to the economy, according to the statement, released after the second meeting of the BRICS Industry Ministers concluded in Hangzhou, Zhejiang province.

China's president makes rounds in Europe, reinforcing friendships and witnessing economic deals