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CAAM estimated earlier this year that their sales could hit 800,000 units in 2017. Xu Haidong, another assistant to the organization's secretary-general, said the organization is confident in the market and will not alter the estimate. China sold 507,000 new energy vehicles last year, ranking first worldwide.

CAIRO - China International Fair for Trade in Services (CIFTIS) to be held in Beijing in early September is a good move to help resist the global economic recession amid the COVID-19 pandemic, an Egyptian expert has said.

CATL's expansion in Europe came on top of a plan to build a 24 GWh factory in Ningde with a goal to develop next-generation battery technologies.

By the end of 2018, about 80,000 students from over 60 countries have participated in the project, and 30,000 students have passed Huawei's certification, according to the report.

By the end of June, total social financing reached 271.8 trillion yuan, up 12.8 percent year-on-year.