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The company will develop more high-end NEVs for Chinese customers in the future, said Liu Yigong, general manager of FAW-Volkswagen.

The company signed a three-year agreement to supply 1.43 GW of high efficiency modules to sPower, a United States-based renewable energy independent power producer, on Tuesday. It has also been actively advancing its global layout in recent years while heavily investing in advanced solar technologies.

The company says the tracking is precise enough to distinguish between multiple people standing side-by-side at a shelf, detecting which one picked up a yogurt or cupcake, for example, and which one was merely browsing. The system also knows when people pick up items and put them back, ensuring that Amazon doesn’t dock anyone’s account for milk or chips when they simply wanted to read the label.

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The company said it currently has enough stocks of industrial production material to meet demand. It added it is working closely with government agencies and supply partners to see how to get more raw materials to meet future demand.

The company’s “Prime Now” one-hour delivery service now includes?items like bacon, yogurt, cheese, milk, and frozen berries for customers in New York City who can access a?‘Frozen & Chilled’ section via?the Prime Now mobile app.

The company wants to demonstrate to the world Chinese manufacturer's commitment and determination regarding green and sustainable development, he said.

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The company said it was planning to open more than 500 new stores and depots (smaller warehouses) in China during the next five to seven years and revamp 200 existing stores in three years.

The company said it is in “advanced talks” to set up pilots of its technology with several retailers. The technology uses machine vision and artificial intelligence to identify each item and detect when items are picked up, put back or left somewhere else in the store.

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The company introduced several new models this year including the L5 sedan, a high-end SUV HS7, and its first electric SUV E-HS3 this year.

The company's newly opened art gallery will be another step for the company to further enter into the art industry and thereby strengthening its corporate craftsmanship spirit, enlarging its cultural influence and improving the quality of its products, said Ling Zhenwen, CHO of Riverside.