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China aims to bolster trade ties with ASEAN 2020-06-12
A ship unloaded 565 tons of dragon fruit imported from Vietnam at the Dalian container terminal in Dalian, Liaoning province, on April 27, 2020. [Photo by Yu Xinwen]China is willing to strengthen trade, investment and economic cooperation with the Association of Southeast As...
MoreThe import amount of Auto parts of China decreased in April. 2020-06-11
According to the data, the import amount of Auto parts of China decreased in April 2020. The import amount of auto parts of China was 2284.7 million dollars , down 11.8% year-on-year.
MoreGermany's auto industry has particularly hard-hit. 2020-06-10
A worker wears a protective mask at the Volkswagen assembly line after VW re-starts Europe's largest car factory after coronavirus shutdown in Wolfsburg, Germany, April 27, 2020, as the spread of the coronavirus disease (COVID-19) continues. [Photo/Agencies]Figures show ...
MoreChina's auto sales grow further 2020-06-09
GAC New Energy Automobile showcases its Aion LX, the first electric SUV model equipped with ADiGO, in Shenzhen, Guangdong province on July 28. [Photo by Cao Yingying/China Daily]China's auto sales in May are estimated to reach 2.14 million units, up 11.7 percent year-on-...
MoreNew infrastructure, New opportunity! 2020-06-08
On May 22, 2020, the Government Work Report proposed to support new infrastructure and new urbanization initiatives and major projects, which not only boost consumption and benefit the people, but also facilitate structural adjustments and enhance the sustainability of growth. Sp...
MoreRecovery of economic activities is expected in the third quarter 2020-06-06
Prospect of recoveryAs most countries have been gradually reopening from their lockdowns since mid-May, recovery of economic activities is expected in the third quarter.Even though all steel-using sectors are affected by the lockdown measures, the mechanical machinery and automot...
MoreWorldsteel Short Range Outlook June 2020 2020-06-05
In 2020 worldsteel forecasts that steel demand will contract by 6.4%, dropping to 1,654 Mt due to the COVID-19 crisis. In 2021 steel demand is expected to recover to 1,717 Mt, an increase of 3.8 % over 2020.This year’s reduction in global steel demand will be mitigated by ...
MoreAsian Automobile Industry Current Situation 2020-06-04
S.Korea's imported car sale posts double-digit growth in MaySouth Korea's imported car sale posted a double-digit growth last month on the back of strong demand for German luxury brands, industry data showed Wednesday.The number of imported vehicles sold here was 23,272 i...
MoreEuropean Automobile Industry Current Situation 2020-06-03
Ireland's new car sales in May down by 72 pctA total of 1,751 units of new cars were sold in Ireland in May, down by 72.3 percent when compared with 6,320 units sold in the same month of last year, said the Society of the Irish Motor Industry (SIMI) on June 2.Total sales of n...
MoreManufacturing sector presses ahead as work restarts quicken in May 2020-06-02
Employees work at an auto manufacturing plant in Qingzhou, Shandong province. [Photo/WANG JILIN FOR CHINA DAILY]China's manufacturing sector expanded at the highest rate last month since the COVID-19 outbreak, as the rebound in production quickened, a private survey said...
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