China railway infrastructure investment almost hits RMB 70 billion
  Release time: 2012/11/09 09:01:00
While China’s railway infrastructure investment target is RMB 496 billion for 2012, it is anticipated that the investment figure will rise to RMB 516 billion for.

China exceeds affordable housing goal
  Release time: 2012/11/09 08:57:00
In total, 5.05 million affordable units were built between January and October, surpassing the five million annual target two months ahead of schedule.The country started construction of 7.22 million government-...

BYD predicts profit from green vehicles in Q4
  Release time: 2012/11/09 08:56:00
The new energy vehicles will reach a new inflection point in 2014, and at that time we will make greater profits, he said.The predictions about the fourth quarter result mainly from the batch purchases of electr...

House prices rise for fifth consecutive month
  Release time: 2012/11/02 08:58:00
The average price of new homes in the 100 cities increased 0.17 percent month-on-month to 8768 yuan($.1390)per square meter last month, at the same growth rate as in September.Average new-house prices in 10 key ...

Geely reaches 2012 export target early
  Release time: 2012/11/02 08:57:00
The parent company of Swedish luxury car brand Volvo delivered more than 81000 vehicles outside China during that period.The company, which delivered its products to more than 30 countries, expected to break th...

Property sales in China's major cities drop in Oct
  Release time: 2012/10/31 09:04:00
Around 212713 apartments were sold out in October, compared with 227000 in September, Centaline said.Most of the demand from self-use buyers has been met during the strong rebound since March, said Zhang Dawei, ...

BYD profits may slump 98% year-on-year
  Release time: 2012/10/31 09:03:00
The Warren Buffett-backed company released its third quarter financial report on Monday, saying that in the first nine months, net profits slumped 94.08 percent year-on-year to 20.88 million yuan($3.35 million)....

Triangular debts threaten manufacturers
  Release time: 2012/10/30 09:01:00
Compounded by a slowing economy, tightened monetary supply and lackluster business performance, the lurking debt risk, which once hit China in the 1990s, could take a huge toll on the real economy.Earlier media ...

Honda cuts net profit forecast for FY 2012 by 20%
  Release time: 2012/10/30 09:00:00
Honda cut its net profit forecast for the year till March 2013 to 375 billion yen($4.71 billion)from its earlier projection of 470 billion yen.Honda lowered its sales target in China for the January-December per...

BYD set to supply London's all-electric minicabs
  Release time: 2012/10/29 09:33:00
Greentomatocars, which currently operates a fleet of 300 hybrid Toyota Prius vehicles, will add 50 BYD e6s in the second quarter of 2013, to achieve greater use of environmentally friendly vehicles.To make charg...

Toyota suspends part of its production at China plant
  Release time: 2012/10/26 08:42:00
The plant is Toyota's largest in China but assembly lines halted production on Monday.All plant staff are working as usual, said a manager with the Toyota Motor(China)Investment Co Ltd, a subsidiary of the Toyot...

China's industrial production to speed up in Q4
  Release time: 2012/10/26 08:41:00
Industrial production growth will likely accelerate in the fourth quarter, laying a solid foundation for the government to achieve this year's 7.5-percent economic growth target, Zhu Hongren, the ministry's chie...