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BAIC has unveiled its high-end electric vehicle brand Arcfox. Built based on the carmaker's expertise over the past years and in collaboration with Magna, Huawei and Daimler, the brand is aiming to meet the higher demands of Chinese customers.

Automobile industry was seriously stricken by the virus outbreak in the first two month of 2020, with sales volume reaching 2.24 million unites, dropping 42 percent from the previous year. In February, the sales declined 83.9 percent year-on-year, with only 310,000 vehicles sold, according to the statistics from China Association of Automobile Manufactures.

BEIJING - After a year of operation, China's Fuxing bullet trains have become a popular transportation choice for Chinese travelers, data showed.

BEIJING - China has amended a total of 49 regulations to advance government institutions' reform and to simplify administrative procedures, according to a State Council decree signed by Premier Li Keqiang.

BAIC Group is also building a new energy car technology and innovation center in Beijing in cooperation with a number of institutions, including Tsinghua University and battery maker CATL.