Like many auto industry executives, Xu Weihan, chief financial officer of Shanghai Gaozhan New Energy Vehicle Sales Services, is anxiously awaiting a new government policy on subsidies for private purchases of plug-in hybrids and electric vehicles.
Earlier this year, Li Weimin, who works for an auto services company in Shanghai, bought a Roewe E50 to assess the performance of electric vehicles.
In 2012, Pang Yicheng, CEO of the industry information provider Beijing EV Future Information Technology Co, visited Shifeng Group, a manufacturer of agricultural trucks, tractors and diesel engines, based in Gaotang county, Shandong province.
Can China break out of the middle-income trap? Many countries find the move from low to middle-income status straightforward but find the next step up a climb too far.
"The focus of the new free-trade zone will be to facilitate investment rather than just achieve good trade figures, as China explores deeper reforms in its investment system."
Farm machinery makers are receiving good crop of orders in Africa's developing agricultural market.
Air Liquide Group, the world's largest industrial gas producer by revenue, has launched the second phase of its investment program, called Tengfei II, in China this year. The programs cater to the country's growing demand for oxygen, nitrogen, hydrogen and other gases.
Though recent government austerity measures have dampened the expansion plans of several foreign luxury brands in China, it has not led to a decline in the demand for such products. Lower prices for the recognized brands are proving to be an irresistible draw for Chinese shoppers.
China's top leadership says it will ensure that the 7.5 percent growth target for this year will be met, despite the continuing economic slowdown.
The People's Bank of China injected 17 billion yuan ($2.77 billion, 2 billion euros) into money markets on July 30 through seven-day reverse bond repurchase agreements, the first such move in five months, to ease concerns over a credit crunch that pushed benchmark interbank lending rates to four-week highs.
Huge floating population poses tough transformation challenges for policymakers in Shenzhen
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