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Chinese carmakers have lowered their sales targets for 2020 and are reducing costs, as the already depressed market has been further affected by the novel coronavirus outbreak.

Chinese consumers are exhibiting a notably greater willingness to embrace new vehicle features such as autonomous driving, connectivity and electrification than their counterparts throughout the Asia-Pacific region, according to the latest survey released by global consultancy Deloitte.

Chinese companies have invested more in the UK in the past five years than they did in the previous 30 years. Now the accumulated investment from China totals more than billion. According to UK statistics, British export to China reached .47 billion in 2018, increasing by 30.1% year on year, much higher than the UK's GDP growth.

Chinese bike-sharing company Mobike announced on Friday it had signed a contract with the China Council for the Promotion of International Trade, Beijing Sub-council, as part of its efforts to enter the global bike-sharing market.

Chinese Vice Premier Han Zheng (R), also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with Chief Executive of China's Macao Special Administrative Region Chui Sai On in Beijing, capital of China, June 28, 2018. [Photo/Xinhua]