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Sales of home appliances in rural areas of China surged 170 percent year on year in 2010, driven by a government subsidy, the Ministry of Commerce (MOC) said Wednesday. Sales reached 173.23 billion yuan (26.13 billion U.S. dollars) last year, the MOC said in a statement on its ...
The prices of Chinese farm produce edged higher last week, boosted by New Year holiday demand, the Ministry of Commerce said Wednesday. Low temperatures and freezing rain in some parts of China also pushed up prices, the ministry said in a statement posted on its website. During ...
China saw explosive growth in micro-credit companies in recent years, according to a blue paper issued Thursday. The number of micro-credit companies increased by 4.7 fold to 2,348 by the end of October 2010, from less than 500 in 2008, the China Micro-Credit Institution Joint ...
China's large electronic information manufacturers' value-added output grew 17.2 percent year on year in the first 11 months of 2010, the Ministry of Industry and Information Technology (MIIT) said Friday. The growth rate was 13.4 percentage points higher than the same period of ...
The Chinese government paid 1.81 billion yuan (273.6 million U.S.dollars) in subsidies to promote energy-saving vehicles in the six-month period of June to Nov. last year, China's Ministry of Industry and Information Technology (MIIT) said Friday. The MIIT said in a statement on ...
China's gold output in the first 11 months of last year reached 308.39 tonnes, up 25.885 tonnes or 9.16 percent year on year, according to the latest figures from the Ministry of Industry and Information Technology (MIIT). The MIIT forecast total gold output in China would exceed ...
China's auto sales hit 18.06 million last year, up 32.37 percent from the previous year, the China Association of Automobile Manufacturers (CAAM) announced Monday. China's car output topped 18.26 million last year, an annual increase of 32.44 percent, said Zhu Yiping, associate ...
China's civil aviation industry boomed last year as increasing air travel drove profits to 43.7 billion yuan, a senior Chinese aviation official said Tuesday. The profits were sharply up from 12.2 billion yuan the previous year. Wang Changshun, deputy director of the General ...
China has spent more than 1 trillion yuan (151.5 billion U.S. dollars) on building up its civil aviation infrastructure and in purchasing aircraft over the past five years, official data showed on Tuesday. Between 2005 and 2010, 33 airports were built, and more than 70 were ...
Property sales by China's three biggest listed property developers surged in 2010 despite government measures to cool the sector, according to company statements Wednesday. Poly Real Estate Group Co., China's second largest developer, said its property sales in 2010 rose 52.53 ...
Inner Mongolia's coal output reached 782 million tonnes last year, making it the nation's largest coal-producing region for a second year running, local authorities said Friday. The output accounted for about 24 percent of China's total and was higher than neighboring Shanxi ...
The China South Industries Group Corporation (CSGC), the nation's leading military industrial company, said on Saturday that it would make more efforts focused on new energy development during the next 5 years. The company also announced that its 2010 profits increased 37.5 ...
Chinese listed companies raised 1.02 trillion yuan (154.8 billion U.S. dollars) of funds through their financing activities in the A-share stock markets last year, the China Securities Regulatory Commission (CSRC) said Friday. According to the CSRC data, a record number of 531 ...
China's bankcard transactions jumped 46 percent to 11.2 trillion yuan (1.67 trillion U.S. dollars) in 2010 from a year earlier, according to latest figures by China UnionPay Co. Ltd. (CUP) Friday. CUP, China's only inter-bank bankcard fund transfer and payment services provider, ...
The joint venture of Airbus in China's northern Tianjin city planed to assemble 36 A-320 aircraft in 2011, a source close to the plant said Monday. "The plan is still in the final stages of fine-tuning," Feng Zhijiang, director of the management committee of the Tianjin Tariff...
Home prices in 70 major Chinese cities rose 0.3 percent month on month in December and 6.4 percent year on year, the National Bureau of Statistics (NBS) said Monday. The annualized growth rate dropped from 7.7 percent in November, making December the eighth consecutive month of ...
China's tobacco industry paid 604.55 billion yuan (93 billion U.S. dollars) in taxes last year, up 16.95 percent year on year, the State Tobacco Monopoly Administration (STMA) said Tuesday. Also, the industry handed over 498.85 billion yuan in profits to the government in 2010, ...
China will continue rare earth export and regulate export quotas according to World Trade Organization rules, said the Ministry of Commerce on Tuesday. China announced its first batch of 2011 rare earth export quotas at 14,446 tonnes at the end of 2010. The full-year quotas are ...
Macao recorded close to 25 million visitor arrivals last year, representing an increase of 15 percent over 2009, Director of Macao Government Tourist Office Joao Manuel Costa Antunes said on Wednesday. Antunes made the announcement at the MGTO Annual Press Conference at the Macao ...
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China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
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