Power use in nation up 8.6% in Feb

China's electricity consumption, a key barometer of economic activity, signaled steady expansion last month, said the National Energy Administration on Tuesday. Power use rose 8.6 percent year-on-year in February to hit 743.4 billion kilowatt-hours. Specifically, power consumed by the country's primary and secondary industries gained 10.2 percent and 12.4 percent, respectively, while that of its tertiary sectors rose by 9.7 percent.

Volkswagen, FAW team up for EVs

Volkswagen and FAW have signed a new agreement on a roadmap for future models for their Chinese FAW-Volkswagen joint venture, in an ambitious product expansion plan to tap into China's booming electric vehicle market. From 2026, FAW-Volkswagen plans to introduce 10 new Volkswagen-brand models and one Jetta-brand model tailored for the Chinese market, Volkswagen Group China said on Monday.

Xinhua - China Daily