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By region, that means a 29 percent decrease in Europe and a 22 percent drop in the Americas in terms of luxury consumption can be expected due to the regions' longer exposure to the crisis and lack of international tourist flows, especially from China.
CHANGCHUN - Over six decades ago, China set up its first automobile manufacturer in the northeastern industrial city of Changchun as the country began to beef up its economy, and unveiled the nation's first domestically produced passenger car in 1958.
CATL became the world's largest battery producer by sales in 2017, according to Shenzhen Gaogong Industry Research Co Ltd. The company has set up branches in markets including the United States, Canada and Japan.
By the end of last year, 136 of the 191 impoverished villages in Zhaojue were lifted out of poverty, with 67,932 poor people from 15,239 households lifted out of poverty and the poverty rate dropping from 31.8 percent to 11.3 percent.
By early this year, his company had recorded year-on-year revenue doubling, with its strong performance in Asia.
来源：资阳报