China's State Administration for Market Regulation formally approved the Audi-SAIC joint technology center on June 24, confirming a three-way ownership structure: SAIC Motor holds 49%, Audi AG 41%, and Volkswagen China 10%.
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China's automotive market faces an unprecedented product wave in the second half of 2026, with 156 new vehicle models expected to launch, concentrated around a price point of approximately 100,000 yuan (US$14,700).
China Eastern Airlines has placed an order for 25 Airbus A330neo widebody aircraft, carrying a list price of US$9.35 billion — though the actual price paid is materially lower after a 'substantial price discount' the carrier confirmed but did not quantify.
Beijing's Economic-Technological Development Area has established four new equity investment funds targeting AI, robotics, biotech, and future industries.