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Tag: China Economic growth

carmakers, auto industry

    China’s auto sales sink as phase out of subsidies for trade-ins hits demand | World News

    5 months ago02 mins

    The Lunar New Year festival, China’s biggest holiday, took place in February, which also likely hurt sales 1 min read Last Updated : Mar 11 2026 | 3:07 PM IST China’s domestic passenger car sales fell 34.2 per cent in February from a year earlier, an industry association said Wednesday, reflecting weakening demand as…

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    China can maintain high growth and transition to consumer-led economy, premier Li says
    • China News

    China can maintain high growth and transition to consumer-led economy, premier Li says

    Cs news1 year ago04 mins

    China’s Premier Li Qiang said on Wednesday he was confident the world’s No.2 economy could maintain a “relatively rapid” growth rate as it transitions from a manufacturing-led model to a consumer-driven one, a shift analysts say is key to securing its future. Li’s keynote speech, delivered at a World Economic Froum meeting in Tianjin, comes…

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