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China's economic recovery picked up steam in the third quarter as activities normalized amid effective control of the COVID-19 pandemic and the Chinese government's sweeping efforts to stimulate demand and consumption, according to official data.
China's largest sport utility vehicle maker Great Wall Motors delivered 78,804 vehicles in April, up 2 percent year-on-year. Globally, its deliveries for the month totaled 80,828 units, up 35 percent from March. The carmaker said it has been exploring digital channels and making the most of its brick-and-mortar stores to boost sales during the pandemic.
China's manufacturing and non-manufacturing PMIs stood at 51.3 and 55.3 in January, respectively.
China's growing economic strength and improving market accessibility may potentially bring significant investment opportunities, as well as challenges, to global investors. Understanding China's role in equity allocation may be crucial to sound investment policy decisions.
China's environmental policies are designed to reduce air pollution and carbon emissions. But they are not limited to replacing coal and oil with natural gas. China tops countries with renewable energy capacity, in terms of wind, solar and hydropower.