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Automobile industry has witnessed continuous growth in 26 consecutive years since 1992 and the last sharpest monthly drop occurred in January 2012 with 26.4 percent decline.

BAIC Group, which started making off-roaders in the 1960s, is the first SUV producer in the country, and its subsidiary, Beijing Electric Vehicle Co, is one of China's best-selling new energy producers.

Automotive part manufacturers are showcasing their latest electrification and autonomous driving solutions at the ongoing Shanghai auto show, as part of their efforts to tap into new growth potential in the world's largest automotive market.

Available information shows that three of the nine companies specialize in the latest information technologies, two are high-end equipment manufacturers, two biomedicine companies, one new material maker and one new energy service provider. The average market value of the nine companies is estimated at around 7.28 billion yuan (.08 billion).

BEIJING - About one seventh of the Chinese population participated in tech giant Tencent's campaign to encourage walking during the Spring Festival holiday, according to the company.