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Daniel Donghui Li, executive vice-president and chief financial officer of Geely, said the company will share with AB Volvo its global knowledge, Chinese market expertise and R&D capabilities especially in the fields of electrification, autonomous driving and connectivity.
Data from United States-based industry research website EV Sales showed that in the first quarter of this year, global EV sales surpassed 500,000 units, up 58 percent year-on-year, and China accounted for almost half of the sales.
Data by online shopping website Tmall shows that consumers between 18 and 29 are responsible for half of the spirit sales on its platform – a piece of intoxicating news for foreign liquor makers.
David R. Dow
Data from Shanghai-based market tracker Wind Info showed that by March 15 this year, 208 A-share companies had announced 223 buyback plans worth more than 60 billion yuan (.9 billion), four times the number during the same period last year.
