by Shawn Jiang | Aug 6, 2024 | Automotive, Business, Business Blog, China, Explore, In-depth, Newsletter, Travel
The Paris Olympics Showcased a Multitude of Chinese Technological Innovations The opening ceremony of the Paris Olympics commenced at 19:30 Paris time on July 27. Chinese companies are playing pivotal roles in various aspects of the event, from broadcasting to athlete...
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 | May 16, 2023 | Blog, Business, Business Blog, China, Glopen, In-depth, Trade
Last week, General Administration of Customs of China released the data for April 2023, and I was rather shocked by the results. So lets have a look at the data and what it implies. In April 2023, China’s exports reached 2.02 trillion yuan, an increase of 16.8%, while...
by weblychee | Feb 4, 2023 | Automotive, Blog, Business, Business Blog, China, Glopen, In-depth
What does the Auto Industry and Mobile Industry have in common? They are both gigantic, the global automotive market is around 2.9 trillion USD, while the global mobile phone market is around 0.5 trillion USD. They both have some of the most iconic brands in the...
by weblychee | Jan 27, 2023 | Automotive, Blog, Business, Business Blog, China, Glopen, In-depth
In 2022, the Chinese Auto Market recorded another year of positive growth after 3 consecutive years of decline since 2017. Although growth in 2022 was limited, it’s still a remarkable achievement considering the microchip crisis, COVID crisis and higher battery costs...