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BMW will of er the tantalizing prospect of between 15 to 25 percent of its vehicle range in 2025 being electrified cars, including fully-electric models and plug-in hybrids. Electrified vehicles accounted for around 2.6 percent of group sales in 2016. The German group's vision for 2025 which outlines a promising economic future for premium mobility products and services is in line with China's 15-year new energy vehicle development roadmap, which defines the sector's goals to be reached by 2030.

BMW X4, BMW's first sports activity coupe, at the premium end of the mid-size segment, is set to make its premiere at the 88th Geneva International Motor Show 2018. [Photo provided to China Daily]

BEIJING -- The profits of China's state-owned enterprises (SOEs) recovered in May as economic activities gradually normalized, official data showed Monday.

BELGRADE - China and Serbia should step up pragmatic cooperation through the Belt and Road initiative and through the "16+1" cooperation mechanism between China and Central and Eastern European (CEE) countries, officials from both sides have agreed.

BEIJING, Jan. 4 -- China's central bank will further encourage financial institutions to support private enterprises, especially small and micro-sized firms in 2019.