industry

China s power consumption rises 14.14 pct in June China s power consumption rose 14.14 percent year on year to 352 billion kilowatt-hours (kWh) in June, the National Energy Administration (NEA) said in a statement on its website Wednesday. The growth rate was 6.66 percentage ...
China approves online buying of medication at 27 websites From: Xinhua China has approved 27 websites to sell medicine to individual consumers via the internet, the State Food and Drug Administration announced on its website on Tuesday. The administration stipulates that the 27 ...
Economist: China s Q2 economic growth likely to slow to 10.6% From: Xinhua China s economic growth is likely to slow to 10.6 percent in the second quarter as the effects of the government's massive stimulus package weaken, analysts are forecasting. Pei Changhong, head of the ...
China publicizes natural disaster relief regulations From: Xinhua China publicized regulations on natural disaster relief on Wednesday. The regulations, which make clear the responsibility of governments in disaster relief work, will take effect Sept. 1, 2010. According to the ...
Italian retailers brace for summer sales flop as shoppers spurn discounts Michele Nicolaci, a salesman at Fendi SpA in Forte dei Marmi, a trendy seaside town in Tuscany, says his store s clothing usually sells itself. Not this summer. I ll have a hard time meeting my sales ...
Academic Study: eBay Sellers Shirk Sales Tax Law Economists' findings come as states and Congress look for new ways to collect tax on Internet sales. Sales tax collection compliance among eBay sellers is "alarmingly low," says a new academic study published as states look for ...
Europe Beckons Chinese Shoppers Recently, the Chinese media has pointed out that the yuan's relative strengthening to the euro has lured more travelers from mainland China--mainly wealthier individuals from the prosperous urban east coast--to head to European countries in the ...
Inventories Rise as Retail Sales Sag U.S. retail sales declined in June while more goods piled up on business shelves in May, underscoring a dilemma facing the U.S. economy. Up to now, the recovery was fueled in large part by businesses rebuilding inventories depleted during the ...
60% of retailers are using mobile, though most haven t optimised their websites for small screens--finds a survey Nearly 60% of retailers are using mobile in some way, shape or form, with most using it for customer contact, delivery notification and special offers, as well as for ...
In record, 54 Chinese firms hit Global 500 From: Xinhaunet A record 54 Chinese companies are listed on the Fortune Global 500 this year, and three of them nudged into the top 10, a sign of China s growing economic power. China Petroleum and Chemical Corp, also known as Sinopec, ...
Retailers high on rising footfalls Improvement in operational performance, fresh equity investments and FDI proposals augur well for the organised retail sector. A rise in consumer confidence, improvement in profitability and aggressive expansion plans signal better tidings for ...
Survey Respondents Express Little Guilt About Splurges, Appreciate Craftsmanship South Korea is emerging as one of the most "luxury friendly" places in the world, as the country's growing wealth mixes with a rising tide of shopping-minded tourists, a survey by McKinsey & Co. ...
China s Business Climate Index in Q2 reaches 135.9, up 3.0 points The Business Climate Index among enterprises nationwide estimates that the Business Climate Index by the second quarter reached 135.9, about 3.0 percentage points higher compared to the last quarter. The Business ...
NPD: Consumers Resetting, Not Recovering An extensive new study from NPD Group finds that no matter what's going on with the economy, people aren't so much recovering as they are resetting. "Overall, consumers have reached this new equilibrium of spending and making decisions ...
Macao s CPI up 2.68 pct in June From: Xinhua Macao s Composite CPI (consumer price index) for June 2010 reached 104.39, an increase of 2.68 percent over the same period of last year, according to the figures released on Wednesday by the city s Statistics and Census Service. The ...
Business Climate Index of Beijing Rose Steadily Thanks to economic recovery and seasonal element, the business climate index of Beijing in the second quarter of this year continued to rise steadily to 138.1, up 4.9 points from the first quarter, exceeding 130 points for the 3rd ...
Double dip recession unlikely in China in H2: report From:Xinhua China s economy is unlikely to see a double dip in the second half of this year, and the economic growth for the remaining six months is expected to surpass 9 percent, according to a Bank of Communications report ...
HK sets up task force to study regulation of travel industry Hong Kong Secretary for Commerce and Economic Development Rita Lau Thursday said a special task force has been set up to look into problems deriving from "zero fee" tours after incidents regarding mainland tourists ...
Steady, fast economic growth remains China s priority From: China Daily Ensuring steady and relatively fast economic growth remains the main task for China in the second half of the year, top Chinese political advisor Jia Qinglin said here Monday. Jia, chairman of the National ...
Profit of pawn industry totaled 1.09 Billion in the 1st half of 2010 The pawn industry of China grew steadily in the first half of 2010. The number of pawn loans in the six months was 1.03 million, with the accumulated value of 84.7 billion yuan, up by 10.6% year on year. And the ...
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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 ...
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 ...
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 ...
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 ...