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CATL reported its net profit, after extraordinary gains and losses, fell 16 percent year-on-year to 2.47 billion yuan in 2017. During the same period, major Chinese automobile-related electric battery firms reported annual losses, amid a glut of capacity and the phasing out of subsidies for the sector.
By the end of June, the province, home to a large number of migrant workers from around the country, had constructed 61,000 co-owned houses, with more than 34,000 in use, the guideline said.
Byton's trial workshop has become operational at its plant in Nanjing, Jiangsu province. [Photo provided to China Daily]
CHANGCHUN - FAW Jiefang Automotive Co Ltd, a truck subsidiary of China's leading automaker FAW Group, sold a record 299,273 Jiefang trucks in the first 11 months of 2018, the company said Tuesday.
CCCG Overseas is a subsidiary of China Communications Construction Group (CCCG), one of China's largest state-owned companies.