China's passenger vehicle market recorded robust growth in July with rising sales and production, industrial data showed on Tuesday.Some 1.82 million passenger cars were sold via retail channels in July, up 20.4 percent year on year.Major auto companies also stepped up their promotional activities in July to counter the setbacks suffered earlier this year due to COVID-19 flare-ups, in order to meet their annual goals, according to the association.
China's machinery industry registered steady expansion in revenue in the first half of the year, according to the China Machinery Industry Federation(CMIF).More efforts should be made to ensure solid implementation of the pro-growth policies, stabilize industrial chains and solve the difficulties facing enterprises, Chen said. .
Mengtian, the second lab module of China's space station, has been shipped to the launch site in the southern island province of Hainan.All the systems involved in the mission are undergoing orderly preparations, said the agency.
Ninety percent of the planned enterprise exhibition area has been booked for the fifth China International Import Expo(CIIE).The technology and equipment exhibition area will introduce an artificial intelligence area this year.The CIIE was first held in Shanghai in 2018 and it was the world's first import-themed national-level expo.
As construction of large-scale wind and photovoltaic power bases accelerates, China's new energy sector is expected to have greater growth potential this year amid efforts to achieve"dual carbon"goals.Driven by the country's"dual carbon"goals, the new energy sector has become one of the few industries that features a high utilization rate without generating excess capacity, said Jiang Debin, an expert with the China Electricity Council.Su Xinyi.As of the end of June, the nationwide utilization rate of wind power stood at 95.8 percent, while that of photovoltaic power was 97.7 percent. .