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  • China Citic Bank says profit up 50% in 2010

    2011-04-01 10:30

    China Citic Bank said on Friday its 2010 net profit jumped 50.2 percent year-on-year to 21.5 billion yuan ($3.3 billion).

  • China's March PMI of manufacturing sector rises

    2011-04-01 10:27

    The Purchasing Managers Index (PMI) of China's manufacturing sector rose to 53.4 percent in March, the China Federation of Logistics and Purchasing (CFLP) said Friday.

  • China's outstanding external debt nears $549b last year

    2011-04-01 09:45

    China's outstanding external debt amounted to $548.9 billion at the end of 2010, the country's foreign exchange regulator said Thursday.

  • Evergrande's net profits surpass Vanke

    2011-03-31 15:36

    Evergrande Real Estate Group Ltd has surpassed China Vanke to become the mainland's second most profitable property developer, Securities News reported Wednesday.

  • China COSCO 2010 profits up 189%

    2011-03-31 10:27

    China COSCO Holding Co, Asia's largest shipping company by market value, said Wednesday that its net profits rose 189.7 percent year-on-year in 2010, partly due to the continued recovery of the global economy and trade.

  • China may surpass Japan in tourism stakes

    2011-03-31 10:20

    China is expected to overtake Japan and become the world's second-largest travel and tourism market, at home and abroad, by 2013. That's according to a report released by the Boston Consulting Group (BCG) on Wednesday.

  • Tsingtao Brewery 2010 net profit up 21.6%

    2011-03-31 10:02

    Tsingtao Brewery Co Ltd, one of China's leading beer makers, Thursday announced its 2010 net profit hit 1.52 billion yuan ($231.8 million), up 21.6 percent year-on-year.

  • Petrochemical industry's output may reach 2.34t yuan

    2011-03-30 16:08

    In the first quarter of this year, the output value of the petrochemical industry is expected to reach 2.34 trillion yuan.

  • Chinese banks' net profit up 34.5%: CBRC

    2011-03-30 09:37

    China's banks made a net profit of 899.1 billion yuan ($137 billion) last year, up 34.5 percent from a year earlier, the fastest pace in three years, the China Banking Regulatory Commission (CBRC) said in a report released on Tuesday.

  • China's domestic applications for invention patents up 28% in 2010

    2011-03-29 17:28

    The number of domestic applications for invention patents increased 27.9 percent in 2010 from 2009, said a senior patent official in Beijing Tuesday.

  • Large industrial firms' profits up

    2011-03-29 09:53

    The profit growth of China's large industrial companies registered a year-on-year 34 percent increase in the first two months of this year, according to data released by the NBS on Sunday. The rate was significantly lower than the 119.7 percent year-on-year growth achieved in the first two months of 2010.

  • China's chain stores sales up 21.2% in 2010

    2011-03-28 16:40

    China's top one-hundred chain store operators saw sales volume hit 1.66 trillion yuan ($253 billion) in 2010, up 21.2 percent year on year, said a report on Monday.

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