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New car loan rules allow zero down payment, expected to boost sales

To boost vehicle trade-ins, China’s financial regulators on Wednesday jointly announced the removal of a regulatory cap on loans for people who buy either internal-combustion engine cars or new-energy vehicles (NEVs) for their own use, giving financial institutions full discretionary power to determine the loan amounts.
Ministry Of Commerce National Financial Regulatory Administration People Bank Southwest China Chongqing Municipality Photo Work Report

International enterprises zoom into China's large market as 7th CIIE heats up

As the 7th China International Import Expo (CIIE) heats up, a number of international enterprises, especially French companies, have begun to seize the opportunity to zoom into the huge Chinese consumption market, as France has been invited to be a guest of honor country of the 2024 CIIE, the worlds first national-level import-themed expo.
Cong Yi La Nerthe Provence Alpes Côd Azur Christophe Bristiel Wu Zhengping Convention Center Shanghai

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