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China: China's Oct gasoline exports slip 3% on month to 374,948mt: GAC

p>China exported about 374,948mt of gasoline in October, 3% less than the previous month and 9% higher than the same period last year, according to data released by the General Administration of Customs. Two state-owned oil giants Sinopec and PetroChina reduced gasoline exports ...

$151 bln CNOOC investment in 2011-15

China's largest offshore oil and gas producer CNOOC plans to invest 800 billion to 1 trillion yuan ($118.96-148.70 billion) over five years to boost production and expand overseas. China National Offshore Oil Corp (CNOOC), parent of CNOOC Ltd, produced more than 50 million tons ...

Lenovo unveils latest LePad

Lenovo, China's largest computer technology corporation, Wednesday promoted its LePad tablet on several large IT portals. This came just prior to its debut at the Consumer Electronics Show (CES) in the US Thursday where it will be competing with 80 tablet launches including Apple ...

Consumer website paid to conceal complaints: report

A Chinese consumer complaints website was exposed Wednesday by China Central Television Station (CCTV) for taking money in return for keeping complaints off its website. According to the program, the website (www.315ts.net) charges its "enterprise partners" an annual service fee ...

Intel's first Asian plant begins production in Liaoning

US computer chip giant Intel Corporation's first chip plant in Asia began production in northeast China's Liaoning Province Tuesday morning. The start of operations was announced by Kirby Jefferson, general manager of the plant. The commencement ceremony was also attended by Paul ...

One percent stake could aid listing hopes

Beijing Gehua Cable TV Network, the only licensed cable TV network operator in Beijing, announced Tuesday it has invested 21.3 million yuan ($3.21 million) for a 1 percent stake in newly established China Film Inc, triggering market speculation that the latter is looking to get ...

Bloomberg expands China services

Bloomberg L.P. today announced the expansion of its Chinese-language Bloomberg Professional(r) service and its real-time Chinese-language financial news service, providing its accurate and trusted business information to China's growing financial sector. Bloomberg has established ...

Baidu profit more than doubled

Baidu Inc, China's biggest search engine company, more than doubled profit in the third quarter of this year and predicted fourth-quarter revenue would exceed analysts' expectations. Net income jumped 112 percent from the year-earlier period to US$156.4 million, or 45 US cents ...

TCL Corp posts 27.43-pct net profit rise in first nine months

TCL Corp, one of China's major television and mobile phone makers, said Saturday its net profit in the first three quarters rose 27.43 percent year on year to 195.48 million yuan (29.4 million U.S. dollars). But total profits for the January-to-September period declined by 47.9 ...

China finishes Mars orbiter technical plan

China has drawn up a technical plan for an independent Mars orbiter exploration project, according to China's space technology expert. The plan was based on research conducted by the China Academy of Space Technology (CAST), said an expert Thursday here at a forum on China's ...

Foxconn to build new plant in SW China city

Foxconn, the world's largest electronics contractor, will invest US$2 billion in building a new assembly plant in the southwest China city of Chengdu, the local government announced Friday. The company will hold a press conference at 2 p.m. Friday in Chengdu, capital of Sichuan ...

China's steel industry captive of costs

Rising prices of raw materials have made steel manufacturers captive of the once bubbling profits they enjoyed. In 2010, the whole sector saw over 85 billion yuan ($12.84 billion) of profits. And by deducting cash from non-main business investments the figure gets even smaller, ...

Design software developer aims at top 5 spot

ZWCAD Software Co, a local design software developer, forecasts that it will be one of the world's five largest three-dimension (3D) software products providers within the next five to 10 years, following the acquisition of its American peer early this year. In July, ZWCAD ...

Foxconn chairman cuts target by 50 percent

Terry Gou, chairman of Foxconn Technology Group, announced cutting the long-term growth target for his company by 50 percent as slumps in PCs outweigh Apple sales, Bloomberg reported Monday. Gou, who founded the world's largest contract manufacturer of electronics in 1974, also ...

Sinopec, Repsol in talks for more joint ventures

China Petrochemical Corp and Repsol YPF SA, Spain's largest oil company, are in talks to pursue joint ventures around the world after the Chinese refiner invested $7.1 billion in a Repsol unit in Latin America last year. The companies agreed to set up working groups to examine ...

ZTE wins Hungary deal for 4G network

ZTE Corp Monday announced it won a contract reported to be worth more than 200 million euros (US$254 million) in Hungary, which includes building 4G telecommunications networks in the country. China's biggest listed telecom equipment maker will help telecom operator Telenor to ...

China: China's Oct naphtha imports fall 7% on month to 218,111mt: GAC

China imported 218,111mt of naphtha in October, down 7% from the previous month, according to data released by the General Administration of Customs. Some naphtha users shifted to consume condensate in view of rises in import costs amid spiraling international crude prices, which ...

More Chinese PC consumers do not trust pirated software

Nearly 70 percent of consumers in China feel that the use of pirated software is not as safe as genuine software, according to a Microsoft report on consumer attitudes towards pirated programs. Released on Wednesday, the report further reveals that 45.9 percent of pirated Windows ...

Baidu site notches 90m hits

Riding on the coattails of its parent company, Baidu Inc, online video-on-demand company QIYI announced Wednesday that it had recorded about 90 million users in October alone, according to an online research report. Qiyi.com's rapid growth, taking place over just seven months ...

US, Chinese firms to build world's largest solar plant

First Solar Inc, a US-based renewable energy company, signed a memorandum of understanding (MOU) with China Guangdong Nuclear Solar Energy Development Co Ltd (CGN SEDC) on Wednesday to jointly develop the world's largest solar power plant. First Solar, the world's largest maker ...

Latest World News

china

Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...

world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

finance

company

Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...

trade

sports

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 ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
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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