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BEIJING -- Foreign direct investment (FDI) into the Chinese mainland, in actual use, fell by 1.3 percent year on year to 472.18 billion yuan in the first half of the year (H1), said Gao Feng, spokesperson for the Ministry of Commerce (MOC), at a press conference on Thursday.

BEIJING — China's retail sales rose 10 percent year-on-year in the first quarter of the year, 0.4 percentage points less than the whole of last year, official data showed Monday.

BEIJING — For China and India - the world's two biggest markets, their strengthening of trade cooperation and advocacy of open trade policy will definitely contribute to promoting open global trade and containing protectionism.

BMW AG's Korean unit earlier apologized over the fires.

BMW Group, Daimler AG, Ford, and the Volkswagen Group with Audi and Porsche announced a joint venture last year to develop and install a high-power charging network for electric cars in Europe. The network is called Ionity and will span across Europe with the hopes of 400 HPC stations by 2020. These stations allow fast charging times due to their capacity of up to 350 kW. This new network is believed by many to be the most important electric vehicle charging infrastructure effort since Tesla's Supercharger network.