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CATL reported its net profit, after extraordinary gains and losses, fell 16 percent year-on-year to 2.47 billion yuan in 2017. During the same period, major Chinese automobile-related electric battery firms reported annual losses, amid a glut of capacity and the phasing out of subsidies for the sector.

CAAS is closely monitoring the situation and is in close communication with the US Federal Aviation Administration and other aviation regulators, as well as Boeing, it said in the statement.

CFLD said it recognizes that the two projects are subject to policy changes, and the company will operate fully in alignment with the national strategy supporting the development of the new area.

By the end of last year, the Transfar Network had reached more than 300 cities in China, covering over 30 provinces, municipalities and autonomous regions. There are currently more than 2 million member vehicles registered with the network, connecting millions of businesses and 175,000 logistics service providers with a daily throughput of 2.15 million metric tons of cargo.

CHANGSHA - A Chinese company on Wednesday signed a framework agreement with German wind turbine maker Senvion to supply 100 wind driven generators.