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Chinese automakers to help partners dominate regional market, lower costs

Chinese private investment in Africa exceeded billion between 2015 and 2017, according to the Ministry of Commerce. China has catapulted from being a relatively small investor on the continent to becoming Africa's largest economic partner over the past two decades.

Chinese authorities announced plans on Thursday to release 40,000 tons of frozen pork from its central reserves to ensure market supply for the upcoming holidays.

Chinese battery company Svolt, a spin-off of Great Wall Motors, revealed two cobalt-free batteries last week. They are the latest example in the new energy vehicle sector to extend driving ranges while reducing the reliance on scarce materials.

Chinese economy has transitioned from a phase of rapid growth to a stage of high-quality development, said Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, warning that old ways of thinking might lead China almost nowhere and miss precious opportunities.