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China's CPI falls 1.1% in first nine months, PPI down 6.5%

China's consumer price index (CPI), a main gauge of inflation, dipped 1.1 percent year-on-year in the first nine months of this year, the National Bureau of Statistics (NBS) said Thursday. The September CPI was up 0.4 percent over the previous month. However, the NBS did not ...

China's fixed-assets investment up 33.4% in first nine months

China's fixed-assets investment rose by 33.4 percent in the first three quarters of 2009, the National Bureau of Statistics announced Thursday. The figure was 6.4 percentage points higher than that of last year.

China's retail sales up 15.1% in Q3

China's retail sales in the first three quarters rose 15.1 percent year-on-year, or 17 percent after deducting price factors, to top 8.97 trillion yuan ($1.31 trillion), the National Bureau of Statistics said Thursday. The volume of retail sales topped 6.10 billion yuan in urban ...

China's industrial output up 12.4% in Q3

China's industrial output rose 12.4 percent in the third quarter from a year ago, as the economy has seen a consolidated growth recovery, according to the data released by the National Bureau of Statistics (NBS) on Thursday. The figure increased 8.7 percent year-on-year in the ...

HK August export volume down 14.1%

Hong Kong's total exports volume fell 14.1 percent in August compared with the same month last year, the Census and Statistics Department of Hong Kong special administrative region government said on Tuesday. The Census and Statistics Department said the volume of imports dropped ...

China Mobile Q3 net increases 2.6%

China Mobile Ltd, the world's biggest phone company by market value, posted a 2.6-percent increase in quarterly profit after reduced prices helped the company attract customers. Third-quarter net income rose to 28.6 billion yuan ($4.19 billion) from 27.9 billion yuan a year ...

SOEs see Jan-Sept profits down 17.6%

Profits of China's State-owned enterprises (SOEs) continued to fall in the first nine months from a year earlier, but the decline was smaller than those of the first eight months. Profits in the country's SOEs fell 17.6 percent year-on-year in the first nine months to 936.61 ...

Sanjing net profit up 12.5% in Q3

Harbin Pharm Group Sanjing Pharmaceutical Co Ltd, one of China's leading pharmaceutical manufacturers, announced Sunday that its net profit in the third quarter rose 12.49 percent year-on-year to 80.1 million yuan ($11.7 million). Total assets of the northeastern Heilongjiang...

China's Jan-Oct industrial profits down 3.4%

China's industrial profits in 22 provinces and regions across the country declined 3.4 percent year-on-year in the first 10 months, but the rate of decline was slowing, figures show. A statement posted on the website of the National Bureau of Statistics (NBS) Monday said ...

Electricity consumption in Macao up 7.8% in Q3

The consumption of electricity in Macao totaled 1.1 billion kWh in the third quarter of 2009, an increase of 7.8 percent over last year, according to the figures released by its Statistics and Census Service (DSEC) on Friday. When compared with the previous quarter, the amount of ...

Number of MICE events held in Macao drops 11% in Q3

The number of MICE (meetings, incentives, conventions and exhibitions) events held in Macao was 310 in the third quarter of 2009, decreasing by 11 percent over the previous quarter, according to the figures released Friday by its Statistics and Census Service (DSEC). Of the MICE ...

HK's October visitor arrivals up 9%

Hong Kong saw a 9 percent year-on-year rise in visitors in October to 2.762 million, the Hong Kong Tourism Board said Friday. The figure brings the cumulative arrivals for this year's first 10 months to 23.92 million, down 1.6 percent on the same period last year, said the board. ...

China's 2009 aluminum consumption may rise 12%: Minmetals

China's aluminum consumption may rise 12 percent this year, as the booming real estate industry, power network construction and car sales boost demand for the metal, said Wang Feihong, analyst at a unit of China Minmetals Corp. Aluminum inventory in China may gain by 1.2 million ...

Hong Kong's October exports fall 13.1%

Hong Kong's exports in October fell 13.1 percent year-on-year to HK$240.8 billion ($31.1 billion), compared with a decline of 8.6 percent in September, statistical authorities said Thursday. The Hong Kong Special Administrative Region (HKSAR) government said the larger year-on...

Toy exports slump with higher costs in S China

Guangdong, China's major toy manufacturing province, saw a slump in toy exports in October amid increasing costs, said the provincial customs Tuesday. The toy export volume of Guangdong dropped by 13.3 percent to $670 million in October. The province's overall toy export volume ...

China's premium income tops $137b in first 10 months

China's premium income hit 936.09 billion yuan ($137.1 billion) in the first 10 months, according to China Insurance Regulatory Commission. The figure represented an increase of 78 billon yuan, or 9.09 percent, over that in the first nine months. During January to October period, ...

China's food industry expected to expand 16.7% this year

Output value of China's food industry is expected to grow 16.7 percent year-on-year, according to China National Food Industry Association (CNFIA). Liu Zhi, CNFIA executive vice chairman, told the Seventh China Food Safety Annual Meeting held on Saturday, that output value of the ...

Guangzhou's subway network to reach 220km in 2010

The subway network in Guangzhou, capital of south China's bustling Guangdong province, will stretch to 222 km ahead of the Asian Games in November next year, an official said Friday. Xu Ruisheng, deputy secretary general of the Guangzhou Asian Games organizing committee, said the ...

Tax take from automobile industry surges in China

Tax take from the automobile industry has surged in the first 10 months this year as auto production and sales were booming in the world's largest market. The State Administration of Taxation said Friday value added tax (VAT) paid by the transportation equipment manufacturing ...

Telecom sector reports 700b yuan revenue in Jan-Oct

China's telecom industry reported 698.9 billion yuan ($101 billion) in main business revenue for the first ten months this year, up 3.4 percent year-on-year, according to a statement Friday by the Ministry of Industry and Information Technology. To breakdown, business revenue of ...

Latest World News

world

Chicago unveils Chinese New Year celebrations
Chicago unveils Chinese New Year celebrations
CHICAGO -- Chicago held a ceremony Friday at the landmark Daley Civic ...
UN chief, Syrian FM in verbal clash at conference
UN chief, Syrian FM in verbal clash at conference
The first day of the peace conference in Montreux, was marked by ...
Chaos on streets after three reported killed in Kiev
Chaos on streets after three reported killed in Kiev
Three people have reportedly been killed in Ukraine's capital Kiev ...

market

finance

Panel to push financial reform in FTZ
Panel to push financial reform in FTZ
Financial reform in the China (Shanghai) Pilot Free Trade Zone will ...
Economist sees world economy strengthening in 2014
Economist sees world economy strengthening in 2014
NEW YORK, Jan. 24 (Xinhua) -- Global economy is likely to gain ...
China economic reform in focus at World Economic Forum
China economic reform in focus at World Economic Forum
There’s been much talk of China at the World Economic Forum-and a ...

company

industry

China's banks must evolve or perish
China's banks must evolve or perish
As China's traditional banks raise interest rates to claw back lost ...
Court rejects Apple lawsuit over iPad name
Court rejects Apple lawsuit over iPad name
Shenzhen Municipal Intermediate People's Court has rejected a lawsuit ...
Chinese steelmakers see profits plunge
Chinese steelmakers see profits plunge
China's 77 major steel companies reported an average profit margin of ...

trade

sports

Injured star short-track skater Wang Meng left out of China's squad for Sochi
Injured star short-track skater Wang Meng left out of China's squad for Sochi Winter Games
Injured Olympic champion Wang Meng has been ruled out of the 139...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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