China's FDI inflow up 4 pct in January

10:41, February 17, 2020

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  China's Hongqi sales up 142.7 pct in January

  CHANGCHUN, Feb. 19 (Xinhua) -- Chinas leading automaker FAW Group said Wednesday that it sold 12,630 cars under its iconic sedan brand Hongqi in January, posting a 142.7-percent year-on-year growth.Jiefang, a self-owned heavy truck brand, also reported a 56.7-percent annual sales increase in January to 61,846 units.The group has been working under capacity in the past month due to the novel coronavirus epidemic that affected production while maintaining a steady sales growth rate of 18.2 percent by selling 353,490 cars.To maintain strong sales, Hongqi has extended warranties and stepped up online promotion efforts by making and posting short marketing videos.Hongqi fulfilled its 2019 sales target of 100,000 cars and has doubled the target number for 2020. The brand plans to roll out 21 new models, mostly electric or fuel-electric hybrids, in the next five years.(Photo: VCG)

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  China's producer prices up 0.1 pct in January

  BEIJING, Feb. 10 (Xinhua) -- Chinas producer price index (PPI), which measures costs for goods at the factory gate, rose 0.1 percent year on year in January, the National Bureau of Statistics said Monday.

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  China's CPI up 5.4 pct in January

  BEIJING, Feb. 10 (Xinhua) -- Chinas consumer price index (CPI), a main gauge of inflation, rose 5.4 percent year on year in January, the National Bureau of Statistics said Monday.The increase was up from 4.5 percent for December.Food prices grew 20.6 percent year on year last month, up from 17.4 percent in December, while non-food prices gained 1.6 percent, 0.3 percentage points higher than that of December.Pork prices rose 116 percent year on year last month, while vegetable prices saw a 17.1 percent increase from a year ago.The CPI in urban and rural areas posted a year-on-year growth of 5.1 percent and 6.3 percent, respectively.(Photo: VCG)