Its net profits hit 35.6 billion yuan in 2022, a 69 percent year-on-year decline, largely due to the company achieving a bump in profits in 2022 after it sold off its Honor smartphone brand to a consortium of buyers, making the comparison base with 2022 quite large.

2022年，该公司的净利润达到356亿元，同比下降69%，这主要是由于该公司在将其Honor智能手机品牌出售给一个买家财团后，在2022年实现了利润增长，使其与2022年的比较基数相当大。

He is convinced about the long-term prospects in China, saying the slowdown in auto sales was just "a bump in the road" for the company.

For us, the slowdown is just a bump in the road.

The implementation of the RCEP offers valuable opportunities for China's manufacturing enterprises to further expand international markets, with a reduction of import costs and a bump in export opportunities.

The modest growth target is a sign that China may be looking beyond the immediate bump it will see in its pandemic recovery and charting a more stable economic path forward, business magazine Fortune said.

E-commerce has helped bump up the income of Chinese farmers, contributing to the country's efforts on rural vitalization, the Ministry of Agriculture and Rural Affairs said Wednesday.

The newly-released policy to end central government subsidies has spurred worries that it might cause a speed bump for the rapidly growing offshore wind power sector.

Sales of new energy vehicles in China may hit a speed bump in early 2023 following the withdrawal of yearslong subsidies, but the sector will maintain rapid growth for the whole year, said experts.

Electric vehicle manufacturer Tesla Inc of the United States said on Dec 31 it would bump up the price of its Model 3 sedan by 10,000 yuan ($1,577) and Model Y SUV by 21,000 yuan.

Other carmakers from Tesla to Ford Motor have warned that for the foreseeable future, a lack of chips is the main speed bump.

Chinese electric vehicle startup Xpeng Motors' drive for new products recently hit a bump in the road — despite previously kicking into high gear — as consumers who bought half-year-old models are decrying what they see as an unfair deal, claiming the company's latest models feature better functionality but little in the way of a price increase.

HAI XIN / FOR CHINA DAILYLincoln marque owner objects to similar-sounding Lynk & Co's launch in home marketChinese conglomerate Geely Holding has hit a speed bump on its way into the United States, as Ford Motor has challenged the trademark application for its new car brand Lynk & Co. Lynk & Co's first car, a compact SUV, is set to hit the Chinese market later this year and was scheduled to reach the United States around 2018.

Finally, as the macro-prudential policy framework in China is at an early stage of development, the implementation of relevant policies sometimes tends to bump into obstacles.

The PBOC will become "more proactive" and bump up support for the real economy, Sun said at a news conference on Thursday.

The extension will also avoid a bump in the disposal of noncompliant products from selling off a large amount of equity assets and putting pressure on the stock market, Kang said, adding that the move is "realistic" and in line with market expectations.

Due to the rising China-US trade friction, the renminbi showed some depreciation recently, said Liu, terming the external uncertainty as a "bump" in China's development and something that can hardly change the long-term positive outlook.

Investors are weighing whether the sharp swings this week are the start of a deeper correction or just a temporary bump in the prolonged bull market.

While China's initial efforts to internationalize its currency hit a bump in 2015, policymakers have shifted tack to focus on developing domestic financial markets rather than opening up the capital account.