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China's industrial profits up 23.3% in first ten months
Release time: 2017/11/27 17:40:00
Industrial companies with annual revenue of more than 20 million yuan(about$3.03 million)reported profits of 6.25 trillion yuan in the first 10 months, a 23.3-percent increase from one year earlier, the NBS said...
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Chinese companies abroad hire more local employees
Release time: 2017/11/23 16:37:00
The number of local employees working for Chinese companies abroad rose to more than 1.3 million last year, said Zhou Xiaofei, deputy secretary-general of the National Development and Reform Commission.At the 20...
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Thyssenkrupp profit beats forecast on steel, materials
Release time: 2017/11/23 15:44:00
Adjusted earnings before interest and tax(EBIT)reached 1.91 billion euros(1.70 billion pounds)in the group’s 2016/17 financial year that ended Sept.30, beating the 1.73 billion average forecast in a Reuters po...
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China's property market to cool on tough curbs
Release time: 2017/11/22 16:55:00
The property market remained stable in October, with new residential housing prices seeing slower growth year on year in 13 of the 15 major cities considered the hottest markets, including Beijing, the National ...
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Chinese SOEs maintain rapid profit growth
Release time: 2017/11/22 16:53:00
Combined SOE profits rose 24.6 percent year-on-year to 2.39 trillion yuan($360 billion)for the January-October period, the Ministry of Finance said on its website.SOEs in the non-ferrous metal, steel, coal, oil ...
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A new era in manufacturing
Release time: 2017/11/20 18:12:00
In China, it heralds a new era in manufacturing.Rather than waiting for government policy to stimulate the market, domestic companies China Aerospace Science and Industry Corp or CASIC, Sany and Haier Group have...
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China opens wider for new business
Release time: 2017/11/20 18:10:00
Major international financial players including JP Morgan Asset Management, Standard Life Aberdeen, UBS, HSBC and Goldman Sachs have welcomed the announcements and confirmed their interest in China.USB added tha...
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China aims to be world-leading space power by 2045
Release time: 2017/11/17 17:15:00
The following are the milestones China is expected to achieve in the following three decades.Lu said between 2040 and 2045, a future generation of carrier rockets will be used in longer-term and multiple space t...
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New record of Finnish exports to China possible in 2017
Release time: 2017/11/16 17:03:00
The wide probe into the economic relations between the two countries in recent decades has been titled"The Lion and the Dragon".The writers were Markku Kotilainen, the research director of ETLA, and Villa Kaitil...
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China includes 31 more SOEs in pilot mixed-ownership reform
Release time: 2017/11/15 17:54:00
The third round of mixed-ownership reform program will involve both centrally and locally administered SOEs, according to Meng Wei, spokesperson of the National Development and Reform Commission.The first two ro...
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China's power use growth slows in October
Release time: 2017/11/15 17:53:00
Power use rose 5 percent year on year, compared with 7.2 percent in September and 7 percent in October last year, according to the National Development and Reform Commission(NDRC).The industrial sector contribut...
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Service industry leads China's GDP growth
Release time: 2017/11/15 17:52:00
Chinese companies in the service sector saw stronger profit growth in the first three quarters thanks to rising demand for services and steady price rises, data from the National Bureau of Statistics showed on T...
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