Zhu Zhixin, vice minister of the National Development and Reform Commission (NDRC), China's leading economic policy body, mentioned "innovation" and "environmentally friendly" in his Thursday statement regarding China's economic forecast in relation to global projections.
During a slowdown in the Chinese economy, the People's Daily newspaper published a complaint letter from a Chinese automobile dealer on Thursday that is critical of the sales-target demands of France's Renault auto company.
After ending a three-year freeze on building vehicle assembly plants, Toyota Motor Corp. is planning on opening additional two factories to the current eight in China, four executives familiar with the company's plans said.
Chinese Premier Li Keqiang will be the nation's first high-level leader to attend the World Economic Forum (WEF) in Davos, Switzerland. The event is scheduled to occur from Jan. 21-24, five years since the 2009 attendance of then-premier Wen Jiabao.
