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An executive reshuffle at State-owned FAW Group seems likely to strengthen supportive measures aimed at helping its Chinese brands achieve their ambitious 2025 targets.
An employee dressed as a doctor beneath a sign reading in Arabic "Doctor Liver". [Photo/Agencies]
Among them, six key industries, including electronic information manufacturing, petrochemicals and refined chemicals and biomedicine posted 28.9 percent growth in investment, accounting for over 80 percent of newly added investment in this area.
An employee works on a production line of Sinotruk Fujian Haixi Truck Co in Zhangzhou, Fujian province, on July 7. [ZHANG BIN/CHINA NEWS SERVICE]
An index of domestic orders rose to 50.9 percent during the April-to-June period, rising from the record low of 17.4 percent in the first quarter when production was hit by the novel coronavirus outbreak, said a survey of about 5,000 business leaders in the industrial sector, conducted by the People's Bank of China, the central bank.
