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The automaker and its dealer relationship has been a widely discussed topic in China over the past year, especially regarding premium auto brands. Since BMBS was established four years ago, the win-win relationship between Mercedes-Benz and its dealers has been warmly applauded and taken as an inspiring example of how premium auto brands can address this significant topic.

The auto industry has entered into high-quality developing stage. The Great Wall will phase out more low-end products and push more new cars, said Wei Jianjun, president of Great Wall Motors.

The banking system reports a sufficient level of liquidity at present, the People's Bank of China said in a statement.

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The authority said the names were accidentally omitted from the rosters because of a printing error, but those voters were still able to cast provisional ballots, though they won't be verified right away.

The association said on social media Thursday that auto sales and after-sales service "show a cliff-like decline" due to the extension of the Spring Festival holiday, travel curbs and other factors.

The average wholesale prices of 28 key types of vegetables and six different types of fruits tracked by the government edged up by 1.1 percent and 3.5 percent respectively.

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The author is first economist researcher at the Egyptian Ministry of Foreign Trade and Industry. The views do not necessarily reflect those of China Daily.

The award-winning Chinese actress Yong Mei has been named official Chinese ambassador of tourism in Edinburgh, as Scotland steps up its efforts to promote itself in the world's largest outbound tourism market.

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The banks' 2017 performance sheets came up with some handsome figures — net interest margins on the rise, profits up and, most notably, nonperforming loans (NPLs), which have long been irking investors and denting stock prices, are on the mend.

The assessment is carried out every three years and involves more than 500,000 students across the world taking two-hour tests.