20190921 China News
Source: | Author:eacham | Published time: 2019-09-21 | 763 Views | 🔊 Click to read aloud ❚❚ ▶ | Share:

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China will be a key player in designing cars in the next centuries, a German automotive expert told Xinhua on Tuesday here on the sidelines of the 3rd German-Chinese Automobile Congress.

With the fast growth in China's new energy vehicle industry, it is inevitable that traditional oil and gas companies will enter the charging market, industry experts said.An arm of Sinopec in Hainan province announced on Aug 13 it had built 40 charging piles in eight highway service stations and its 10 oil stations in urban areas of Haikou and Sanya cities.

Subsidies will no longer be easily available for electric vehicle charging infrastructure makers as the government has decided to extend funds to those that are commercially viable and able to guarantee a minimum usage, experts said.

China's A-share market is becoming more attractive to overseas investors as the country maintains a steady pace of economic growth and capital market opening-up amid a precarious global recovery, experts said.

Huawei Technologies Co unveiled its Mate 30 series smartphone on Thursday, featuring a quad camera setup, 5G connectivity and enhanced artificial intelligence functions.

Russia-based cyberspace security solution provider Kaspersky is eyeing double-digit growth in the China market, far higher than its global average, according to its CEO and founder Eugene Kaspersky.

Technicians are busy examining a new magnetic levitation (maglev) train prototype in a factory in Zhuzhou, in Central China's Hunan province. Zhuzhou, a city known as a forerunner of China's rail transit manufacturing industry, is fostering innovation and the production of maglev trains.

Source：Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday，China Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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