Last year, Moutai achieved whole-year sales revenue of 75 billion yuan, up 23 percent year-on-year. Its net profit totaled 34 billion yuan, jumping 25 percent over the previous year, its earnings report said.
Last week, Volkswagen Group China inked deals with its partner FAW Group Corp to establish two new joint ventures to develop charging infrastructure, provide relevant services, and deliver innovative, intelligent and connected services.
Last summer,?Alibaba launched 11Main.com,?a collection of online boutiques selling goods from the U.S. But still, even while that site is primarily aimed at Americans, it too is attracting Asian buyers. An executive at?11main.com told Reuters?a quarter of its products can?be shipped to Asia, and that eventually they hope to help sellers gain access to Alibaba’s huge footprint in China.
Last year, China's non-financial direct investment to those countries and regions involved in the Belt and Road Initiative reached .04 billion, accounting for 13.6 percent of the total investment, while the brick-and-mortar projects were worth 4.89 billion, accounting for 59.5 percent of the total, said the latest Report of Country Risk of Overseas Investment from China.
Last year, China sold 507,000 NEVs, an increase of 53 percent year on year. Sales of pure electric vehicles surged 65.1 percent year on year to 409,000, accounting for 80 percent of new energy vehicle sales.
Last year, a total of 63.5 billion packages were delivered in China.
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Last week diplomatic rapprochement broke historic ground when the DPRK's top leader Kim Jong-un visited the ROK for a summit with President Moon Jae-in.
Last year, nearly 70 percent of China-Europe freight trains went through Alataw Pass, data showed.
Last year, China Telecom said that it would invest more than billion over the next three to five years to expand its presence in economies along the Belt and Road Initiative.
Last year, about 6,000 porcelain antiques donated by an collector to his alma mater, Beijing Normal University, were said to be fake.