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Chinese startup Human Horizons unveiled its first production-ready prototype vehicle, called HiPhi 1, last week in Shanghai, targeting the premium segment of the growing electric car market.
Chongqing Changan Automobile has agreed to sell its stake in a 50-50 partnership with Peugeot SA. It marks the end of the struggling joint venture that has been producing DS-branded vehicles in China.
Christopher Bovis, a professor of international business law at the University of Hull in the UK, said: "With the recent communique, China reaffirms its resilience as a global economic power and a strong emphasis on industrial policies and science and technology to achieve the goals of socialist modernization, improve the quality of life for its citizens, eradication of poverty and global cooperation for responsible governance."
Chinese stocks rallied on Tuesday, with the benchmark Shanghai Composite Index up 1.82 percent, at 2,699.95 points.
Chinese tech heavyweight ByteDance is in early discussions with Reliance Industries Limit to back TikTok's business in the country, in a move to potentially save the popular video app's fate in its biggest market overseas, according to media portal TechCrunch.
来源：资阳报