Briefly
New rail connection line in Shanxi
Chinese railway operators are intensifying efforts to improve the country's railway system to ease passenger trips. During the January-October period, fixed-asset investment in the railway sector reached 671.5 billion yuan ($94.8 billion), expanding 5.7 percent year-on-year. In Shanxi province, a line linking the first and the fourth yard in Houma north hub has been completed by the Houma Electrical Section. The section made advance arrangements and implemented precise strategies. Safety specialists were organized to conduct on-site supervision, ensuring three-pronged control of personnel, equipment and construction progress.
Hongqi sedan sales up 9.2%
China's leading automaker FAW Group said that its iconic Hongqi brand sold more than 420,000 vehicles in the first 11 months of 2025, marking a year-on-year increase of 9.2 percent. In November alone, the brand reported sales of over 40,000 vehicles, maintaining its stable growth momentum. Sales of its new energy vehicles surged by 60.8 percent compared to the same period last year. The ultra-luxury sub-brand, Hongqi Golden Sunflower, has once again achieved sales exceeding 100 units in a single month.
Services trade rises 7.5% in first 10 months
China's services trade maintained steady growth in the first 10 months, with total imports and exports reaching nearly 6.58 trillion yuan ($930.5 billion), up 7.5 percent year-on-year, the Ministry of Commerce said on Wednesday. Specifically, service exports rose 14.3 percent to over 2.9 trillion yuan in this period, while imports increased 2.6 percent to more than 3.67 trillion yuan.
Xinhua - China Daily
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