FAW vehicle sales rise 7.8% in first 10 months

First Automotive Works Group Co Ltd, China's leading automaker, sold more than 3.01 million vehicles in the first 10 months of this year, up 7.8 percent on a yearly basis, the company said. Its leading sedan brand Hongqi sold 153,109 vehicles during the period, an increase of 102.7 percent year-on-year. Nearly 439,000 units of Jiefang trucks were sold, which is a rise of about 44 percent year-on-year.

Oceangoing cruise ship work starts

China's first domestically built large oceangoing cruise ship has been transferred to the docks in Shanghai for assembly and is expected to be delivered in 2023, according to the Shanghai Waigaoqiao Shipbuilding Co Ltd, a subsidiary of China State Shipbuilding Corp Ltd. The vista-class cruise ship will be 323.6 meters long and 37.2 meters wide, and will be able to accommodate 5,246 passengers. It has 2,125 guest rooms and a 16-story structure, including entertainment areas like performance centers, bars, cafes, shopping squares and water parks.

Xinhua