Xu Xiangchun, chief analyst for Mysteel.com, an iron and steel industry consultancy website, said the US move would have a limited direct impact on China's steel industry because China has been exporting a fairly small amount of steel to the US in recent years. Chinese steel products are mostly used in the domestic market, rather than for exports, Xu said.
Xu Heyi, chairman of BAIC Group, said the company will focus on improving its offroad vehicle offerings because consumers today have higher demands for their SUVs' functionality. Many enjoy long-distance travel and driving on a wider variety of road conditions, he said.
Xiamen Tungsten Co Ltd, for example, saw its revenues up 80 percent year-on-year in the first three quarters, while profits jumped 284 percent thanks to inventory cuts in the tungsten industry.
Xiaomi Corp unveiled a flagship smartphone with a transparent glass back panel on Thursday, as the world's fourth-largest smartphone maker by shipments started putting finishing touches to its mega-sized Hong Kong initial public offering.
Xpeng delivered 3,478 vehicles in September, up 145 percent year-on-year. Li sold 3,830 vehicles in September, and total deliveries in the first three quarters totaled 18,722.
Xu came in third with billion.
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Xie Fuzhan, president of the Chinese Academy of Social Sciences, said China's "dual circulation" development pattern with the domestic market as a mainstay will promote China's opening up. Xie proposed that China and Europe's medium-term plans can provide a new opportunity for bilateral cooperation, such as China's upcoming 14th Five-Year Plan and the EU's recovery plan and the long-term budget for 2021-2027.
Xiang Anbo, a researcher of enterprise development at the Development Research Center of the State Council, noted China’s economic policy transformation from emphasizing industrial policy to focusing on competitive policy.
Xiao Yaxing, private owner of a four-star hotel in the city, opened a discussion group on popular Chinese social media platform WeChat on Chinese New Year Eve. Xiao appealed to his peers from more than 40 hotels to offer rooms for doctors and nurses who are working day and night to save lives.
Xiamen will open green channels at airports, stations and ports to facilitate customs clearances during the forum, according to the local government.