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BMW sold 383,976 cars in China from January to August, representing 16 percent growth, and coming second to its long-time rival Mercedes-Benz.

BEIJING — Chinese listed banks were confronted with profitability pressure from the country's slowing economic growth, despite the absence of any significant deterioration in reported asset performance, said Moody's Investors Service.

BMW has already raised its research and development spending on autonomous driving and electrical vehicles by nearly 1 billion euros in 2017 to a total of 6.1 billion euros. The Munich-based firm aims to produce 140,000 units of pure or hybrid electric vehicles in 2018 after 103,000 units in 2017.

BEIJING, March 13 (Xinhua) -- China's top political advisory body concluded its annual session Wednesday, building a broad consensus and unity for national development.

BEIJING -- In its latest Economic Outlook report, the Organization for Economic Co-operation and Development predicted that China will be the only major economy to record positive performance in 2020 with a 1.8-percent growth.