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China has 9.77m 3G users by October

The number of Chinese users of the third-generation (3G) mobile technology, or 3G, had hit 9.77 million by the end of October, the Ministry of Industry and Information Technology (MIIT) said on Tuesday. China Mobile, China Unicom and China Telecom, the country's top three ...

China creates 9.4m new jobs in urban areas in Jan-Oct

China created 9.4 million new jobs in urban areas in the first ten months, the Ministry of Human Resource and Social Security said Saturday. The number represented 104 percent of the whole year target for 2009, the ministry said. Around 4.4 million laid-off workers were re...

China's urban fixed-asset investment up 32.1% in Jan-Nov

China's urban fixed-asset investment rose 32.1 percent year on year in the first 11 months to 16.86 trillion yuan ($2.47 trillion), the National Bureau of Statistics (NBS) announced Friday. The growth rate was 5.3 percentage points higher than that in the same period last year, ...

China's retail sales up 15.8% in November

China's retail sales rose 15.8 percent year on year to 1.13 trillion yuan ($166 billion) in November, the National Bureau of Statistics (NBS) announced on Friday. The rise was 5 percentage points lower than that of a year earlier. It was also down 0.4 percentage points from that ...

China reports 32.6% rise in fiscal revenue for Nov

China's fiscal revenue for November reached 502.93 billion yuan ($73.64 billion), up 32.6 percent year-on-year, the Ministry of Finance (MOF) announced Friday. Overall fiscal revenue in the first 11 months topped 6.34 trillion yuan, up 9.2 percent year-on-year, said a report on ...

China's industrial output up 19.2% in Nov

China's industrial output growth accelerated to 19.2 percent in November year-on-year, following a 16.1-percent increase in October, data from the National Bureau of Statistics showed Friday. The figure increased 10.3 percent year-on-year over first 11 months this year, 0.9 ...

China's imports, exports grow 9.8% in Nov

China's imports and exports rose 9.8 percent in November year on year, ending a 12-month decline, to stand at $208.2 billion, the General Administration of Customs announced Friday. The trade surplus was $177.96 billion in the January-November period, down 30.6 percent from a ...

China's new loans rise to 294.8b yuan in November

China's new yuan-denominated lending in November rose to 294.8 billion yuan ($43.2 billion) from October's 253 billion yuan, the People's Bank of China or the central bank, said Friday. The November figure brought new yuan-denominated loans in the first 11 months to 9.21 trillion ...

China's electricity power production up 26.9% in Nov

China's electricity power production increased by 26.9 percent in November year on year, the National Bureau of Statistics said Friday. In October, the country's power production climbed 17.1 percent.

China's farm produce prices up 1%

Prices of edible farm produce in 36 large and medium-sized Chinese cities rose 1 percent in the week from November 30 to December 6, compared with the previous week, according to figures released by the Ministry of Commerce (MOC) Tuesday. Forty-three out of 57 kinds of farm ...

Freight prices rise as coal shipping demand booms

The China Coastal Bulk Freight Index (CCBFI), a barometer of the shipping market, has been rising for the past six weeks and freight prices for coal and grain have doubled in about 30 days, according to data released by the Shanghai Shipping Exchange, China Securities Journal ...

China's industrial output up 19.2% in Nov

China's industrial output rose 19.2 percent in November from a year earlier, according to the National Bureau of Statistics (NBS). The increase rate was 13.8 percentage points higher from a year earlier and 3.1 percentage points higher than October, the NBS said Friday. The ...

China's welfare lottery sales exceed 70b yuan

Sales of welfare lottery in China have exceeded 70 billion yuan ($10.2 billion) so far this year, according to the Welfare Lottery Distribution and Management Center. The sales represent a 17 percent increase from the whole year of 2008, the center has said. After paying back for ...

China's centrally-administered SOEs shrink to 131

China's centrally-administered State-owned enterprises (SOEs) have shrunk to 131 enterprises from 132, China's State property regulator the State-owned Assets Supervision and Administration Commission (SASAC) said Tuesday. With approvals from the State Council, China State Farms ...

HK foreign currency reserves up $16.2 billion

Hong Kong's official foreign-currency reserve assets rose to $256.3 billion in November, up $16.2 billion over October, the Hong Kong Monetary Authority said on Monday. Including unsettled forward contracts, foreign-currency reserve assets also stood at $256.3 billion in November...

China's auto sales, output exceed 12m units in Jan-Nov

China's auto sales and output both exceeded 12 million units in the first 11 months, the China Association of Automobile Manufacturers (CAAM) announced Monday. The CAAM forecast sales and output for the whole year would both exceed 13 million units. In November alone, sales ...

China spends 6.5b yuan protecting northern grasslands

China has invested more than 6.5 billion yuan ($959 million) to preserve grasslands in northern Inner Mongolia autonomous region, said the regional government. The money has been spent on returning grazing land to grassland, restoration of natural grassland and sand source ...

China's logistics sector on track of revival: experts

Lu Jiang, chairman of the China Federation of Logistics and Purchasing, said in Zhengzhou, capital of Henan province, Thursday China' s logistics restructuring and stimulus plan had brought new development opportunities to the sector and helped the industry back to rapid growth ...

Foreign trade of electronic information products reports 19.5% delcine

The import and export of electronic information products by China went down 19.5 percent in the first ten months from the same period last year, according to the Ministry of Industry and Information Technology. The combined import and export value was $607.63 billion from January ...

Software industry revenue grows 20.2% in first ten months

Revenue for China's software industry in the first ten months reached 769 billion yuan ($112.6 billion), up 20.2 percent from a year earlier, the Ministry of Information and Technology (MITT) said in a statement posted on its website Tuesday. The growth was 10.8 percentage points ...

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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