by Boyang Shen | Apr 29, 2024 | Automotive, Business, China, Explore, Glopen, In-depth, Newsletter
1.China’s First Sora-Class Video Mega-Model Vidu Launched On April 27, 2024, during the Zhongguancun Forum Annual Conference’s Future Artificial Intelligence Pioneers Forum, Tsinghua University, in collaboration with Bioscience Technologies, officially...
by Boyang Shen | Apr 1, 2024 | Automotive, Business, China, Explore, Glopen, In-depth, Newsletter, Trade
1.China’s Official Manufacturing PMI Hits 50.8 in March, Returning to Expansion for the First Time in the Past Half Year According to the data released by National Bureau of Statistics on March 31st, in March, the Manufacturing Purchasing Managers’ Index...
by weblychee | Feb 23, 2024 | Automotive, Blog, Business Blog, Glopen
Introduction The year 2023 marks a pivotal moment in the evolution of China’s automotive industry. The industry achieved production of 30.16 million units and sales of 30.09 million units, reflecting year-on-year growth rates of 11.6% and 12%, respectively....
by weblychee | Jan 29, 2024 | Automotive, Business, China, Glopen, In-depth, Newsletter, Trade
1.Shanghai Stock Exchange (SSE) dropped to 2800 points again, and only 200 A-share stocks rose On January 22nd, The Shanghai Stock Exchange (SSE) index dropped by 1.4% to 2792.62 points, while the Shenzhen Stock Exchange (SZSE) index fell by 1.8%, and the Growth...
by weblychee | Jan 22, 2024 | Automotive, Business, China, Glopen, In-depth, Newsletter, Trade
1.China’s car exports to reach 5.221 million units in 2023, surpassing Japan as top car exporter According to the most recent data released by the General Administration of Customs (GAC), China’s automobile exports reached a remarkable 5.221 million units in 2023....
by weblychee | Jan 8, 2024 | Automotive, Business, China, Glopen, Newsletter
1.Chinese car companies are challenging Tesla’s sales myth On January 2, Tesla announced a record-breaking fourth-quarter 2023 vehicle delivery figure of 484,507 units, setting a new high for electric car deliveries. Meanwhile, BYD reported pure-electric vehicle sales...