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Stephanie Brinley, an analyst with IHSMarkit, said a tariff could affect decisions on whether an automaker imports a vehicle from China, but it does not necessarily mean local production will be the result.

Status update

Statistics indicated that the city's GDP decline in 2017 came about after its economic engine Binhai New Area's GDP fell from 1 trillion yuan in 2016 to 665.4 billion yuan last year.

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Stephan Woellenstein, CEO of the Volkswagen brand in China, said: "The core of the new brand will contain Volkswagen's own DNA and will provide consumers with advanced technology that meets their needs and fits their lifestyles."

Status update

Stephan Woellenstein, CEO of Volkswagen Group China, said JAC Volkswagen will not have head-on competition with Volkswagen's two other joint ventures with FAW and SAIC Motor Corp.

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Stable growth of industrial output and retail sales shows that the economy remains on a steady growth trajectory, according to data released by the National Bureau of Statistics on Wednesday.

Starting with mature financial products and online traffic, the fintech company enables its business and financial partners to build their own risk management capabilities with big data technologies, to improve their infrastructure to meet the requirements for providing smart financial services, and to make decisions on risk management automatically, according to Shen Lei, vice-president of Pintec.

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State Councilor and Foreign Minister Wang Yi said on Wednesday that the first reading of the Single Draft Negotiating Text of the Code of Conduct (COC) in the South China Sea?has been finished ahead of schedule.

Stephan Woellenstein, CEO of Volkswagen Group China, said JAC Volkswagen will not have head-on competition with Volkswagen's two other joint ventures with FAW and SAIC Motor Corp.