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Cutting cost, adjusting structure, improving efficiency are deemed by experts as results of conflicts between profit decline and industry transformation.
Cui Dongshu, secretary-general of the China Passenger Car Association, said Chinese customers delayed their purchases of cars in June to July in expectation of lower prices, which thus caused a slump in June and then a surge last month.
Cui Dongshu, secretary-general of the China Passenger Car Association, said the surge in vehicle purchases in recent months has given strong impetus to growth in consumer spending, and further stimulus policies targeting families without cars will reinforce the momentum.
Currently, 80 percent of Oppo's plants have restored production, and more than 80 percent of its supply chain partners have restarted work, the company said.
Currently, United Airlines has direct flights between San Francisco and second-tier Chinese cities Chengdu and Xi'an.
