Business / Regions

HK jobless rate climbs up to 3.4%

[2013-02-22 09:35]

Hong Kong's jobless rate increased to 3.4 percent in November 2012 to January 2013, from 3.3 percent in October to December 2012.

Guangdong to raise minimum wages by 19%

[2013-02-06 15:27]

Minimum wages in Guangdong province will be raised 19.1 percent on average from May 1.

Yuan loans from HK could hit 50b

[2013-01-03 17:17]

The quota of allowable yuan loans flowing from Hong Kong to Qianhai could reach up to 50 billion yuan, Caijing magazine reported on Dec 31, citing an anonymous source.

HK retail sales value up 9.8% in 2012

[2013-02-01 13:51]

The total retail sales of Hong Kong in 2012 increased 9.8 percent in value and 7.2 percent in volume year on year.

Local GDP figures suggest strong Q4

[2013-01-26 09:39]

Provinces across China delivered stronger economic growth in the final quarter of 2012, according to the latest GDP figures from local governments.

Shanghai lures more than 1k multinationals

[2013-01-25 21:14]

More than 1,000 multinational companies had set up offices in Shanghai by the end of 2012.

Guangdong growth leads nation at 10.2%

[2013-01-25 20:29]

Guangdong province, leads the nation in economy, with its gross regional product increasing by 10.2 percent year-on-year to reach 5.7 trillion yuan ($917 billion) in 2012.

Chengdu targets $50b in trade this year

[2013-01-25 16:24]

China's western city of Chengdu set a trade target of $50 billion in 2013 after foreign trade rose 25.41 percent year-on-year to $47.54 billion in 2012, the municipal government said on Thursday.

HK's exports up 2.9% in 2012

[2013-01-25 10:42]

The value of Hong Kong's total goods exports rose 2.9 percent last year over 2011.

New HK companies on rise: gov't

[2013-01-25 10:23]

A total of 316 overseas and Mainland companies set up or expanded in Hong Kong in 2012, up 4 percent over a year ago.

Tibet to invest $563m to protect environment

[2013-01-25 00:08]

The government of the Tibet autonomous region plans to invest more than 3.5 billion yuan ($563 million) in 2013, 10.5 percent more than last year, in environmental protection.

Chongqing's GDP growth No 2 in China

[2013-01-23 16:45]

Chongqing's GDP grew to 1.146 trillion yuan ($184.23 billion) in 2012, up 13.6 percent year-on-year, the second fastest growth rate in China and the fastest pace in the west of the country.

Zhejiang performs well, but challenges lie ahead

[2013-01-23 14:13]

Economic growth in Zhejiang province surpassed the national GDP growth rate last year, a report from the Zhejiang Academy of Social Sciences said on Monday.

City investment continues to surge

[2013-01-23 11:13]

The size of China's city investment vehicle is expected to surge 25 percent year-on-year in January.

Macao's inflation hits 6.11% in 2012

[2013-01-22 17:39]

Macao's Composite Consumer Price Index (CPI) for 2012 rose 6.11 percent year on year, the highest since 2008.

Tibet records 152% rise in foreign trade

[2013-01-22 17:36]

Foreign trade for southwest China's Tibet autonomous region topped $3 billion last year, a year-on-year increase of 152.02 percent.

HK's CPI up 4.1% in 2012

[2013-01-22 10:01]

Hong Kong's Composite Consumer Price Index rose by 4.1 percent year-on-year in 2012, the city's Census and Statistics Department said.

Shanghai sees less trade in 2012

[2013-01-22 09:43]

Service sector has become a growth engine in Shanghai's economy as the city posted a contraction in total trade for 2012, the first time in three years.

Macao's forex reserves reach $16.6b in December

[2013-01-16 14:26]

The preliminary estimate of the Macao Special Administrative Region's foreign exchange reserves amounted to 132.5 billion patacas ($16.6 billion) at the end of December 2012.

Beijing leads nation on rich list

[2013-01-15 23:40]

Beijing has the largest number of rich people in China, but inland regions are now seeing faster growth in the number of dollar millionaires than Beijing.

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