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ARTICLE China's online sales boom during May Day holiday

...sales went up by 29.2 percent year on year during the holiday, with online retail sales in the tourism industry surging by 371.2 percent year on year, data of the major e-commerce platforms monitored ...

ARTICLE BMW quintuples Q1 profit after booming sales in China

...sales nearly doubling in Q1 to 230,193 units. Despite the adverse effects of the coronavirus pandemic, BMW's sales in Europe grew 8.1 percent and reached almost 240,000 units. Sales in the carm...

ARTICLE China remains world's largest online retail market: ministry

...sales accounted for 24.9 percent of the country's total retail sales volume last year. Surging online sales boosted the courier sector, with a total of 83.36 billion parcels being delivered thr...

ARTICLE Economic Watch: Chinese auto sales rise further in April amid steady recovery momentum

...sales amounted to 732,000 units, up 249.2 percent year on year. In April alone, NEV sales surged 180 percent year on year to reach 206,000 units, while sales of passenger vehicles increased 10.8 pe...

ARTICLE Chinese market stabilizes business of German car manufacturers: EY study

...sales in China last year. At the same time, sales in the U.S. declined by 14 percent year-on-year and even plummeted by 25 percent in Europe, according to the study. "The Chinese sales market ...

ARTICLE BMW records best-ever Q1 in China with sales nearly doubled

...sales increased by 97.3 percent year-on-year to 229,748 BMW and Mini brand vehicles in Q1 2021, the German carmaker announced on Thursday. Sales in the first three months of 2021 in China even &quo...

ARTICLE China's heavy truck sales hit new record in February

...sales increased 92 percent year on year to 295,400 units. The annual sales of heavy trucks amounted to around 1.62 million units in 2020, surging 38 percent from 2019, reaching a record high worldw...

ARTICLE Excavators’ sales mirror vitality of Chinese economy

...sales of major construction machinery, China’s excavator sales bucked the trend and secured steady growth, injecting vitality into the world economy. The bounce back of excavator sales came f...

ARTICLE China remains Mercedes-Benz's main sales driver in 2020

...sales in 2020, with 774,382 passenger cars being sold, the German automaker said on Friday. China remains the main sales driver and set a new record for sales in the market, compared with the 6.2 p...

ARTICLE China remains most important pillar of global car industry: report

...sales in China increased by 9 percent compared to last year, EY noted.  At the same time, sales of German carmakers in Western Europe fell by 4 percent and were even down 14 percent in the Uni...

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