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China's Evergrande Group, a Fortune 500 company, announced it has signed a strategic deal with Urumqi-based Guanghui Group to expand cooperation in developing automobile sales, energy, real estate, logistics and related industries in the coming years.

China will ensure the effectiveness of the monetary policy to keep reasonable liquidity in the economy and will fully unleash the potential of investment to boost growth, according to a meeting of the country's financial authority.

China will strengthen counter-cyclical adjustments in its macro policy in 2019, with bolder and more effective measures to be taken to implement the proactive fiscal policy, according to the annual Central Economic Work Conference held last week.

China's automotive market will see a year-on-year decline in sales of 3 percent this year, the first of negative growth in 28 years, and sales will be flat next year, officials from the country's leading industry association predicted on Thursday.

China's carmaking industry, since the first-ever truck rolled off the production line in 1956, has never been so full of vitality－and uncertainty.