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Despite optimism on first-quarter growth, Yan said the stability and sustainability of the momentum remains to be observed, as China's economic development is still restrained by a few external and internal factors and the issue of structural imbalance.
Despite focusing on the same theme and also set in Hong Kong, Shock Wave 2 is a completely new story.
Designed specifically for the UK, the E10 is the first electric bus in the 10-meter range and uses the same single electric motor drivetrain as the 60,000 Yutong electric buses already in service around the world in many different operating conditions and locations.
Despite being a relative newcomer compared to the United States and Japan, the Chinese animation industry has been developing fast in recent years. According to a 2019 report by market consultancy iResearch, the sector expanded from 171.2 billion yuan (.2 billion) in 2018 to 194.1 billion yuan last year, representing year-on-year growth of 13.4 percent. The market is projected to grow to 217.2 billion yuan by the end of this year, it said.
Despite that its revenues stayed on a growth track from 504.9 million yuan in 2016 to 1,744.1 million yuan in 2017, yet net loss continued, with 201.0 million yuan in the three months this year, compared to 207.7 million yuan in the same period last year.