Chinese steelmakers' profits plunge in July
2010-09-01 16:35:38
Chinese large- and medium-sized steelmakers earned profits of 2.86 billion yuan in July, dropping 73.05 percent year-on-year, the Beijing Times reported Wednesday, citing data from the China Iron and Steel Association.
Evergrande records 380% rise in H1 net profit
2010-08-31 17:41:35
Evergrande Real Estate Group reported a net profit of 2.5 billion yuan ($367 million) in the first half of this year, up 380.8 percent from last year's 520 million yuan.
China Pharmaceuticals posts profits in Q2
2010-08-31 12:36:50
China Pharmaceuticals Inc, one of China`s leading manufacturers and distributors of prescription and over-the-counter pharmaceuticals, announced a record $10.4 million in revenue for the second quarter this year, a 105 percent increase year-on-year.
PBOC launches 2nd super online banking system
2010-08-30 17:16:26
The People’s Bank of China (PBOC), China’s central bank, opened its second-generation online banking services Monday, enabling customers to transfer money among accounts at different commercial banks.
Offshore wind project powers up
2010-08-30 16:40:43
Work on the offshore wind power demonstration project in Dafeng city, Jiangsu province, has achieved initial success, Zhao Shiming, general manager with Huaneng Renewables said in Beijing on Monday.
China Mobile execs to be named SPDB directors
2010-08-30 15:15:08
Two executives from China Mobile have been named director candidates by the Shanghai Pudong Development Bank (SPDB), the bank said in a statement Sunday, the Shanghai Securities News reported.
SOEs kick off global hunt for managers
2010-08-30 11:58:40
Nineteen centrally administered State-owned enterprises (SOEs) began their worldwide search for managers and other high-level positions on Monday, according to the website of the State-owned Assets Supervision and Administration Commission (SASAC).
134 listed companies never give dividends
2010-08-28 14:43:31
As many as 134 listed companies have never given investors any dividends in any form, including three companies that have been listed for at least ten years, the China Business Daily (CBN) reported Friday.
China's nuclear power set to increase sevenfold by '20
2010-08-27 17:51:10
China has to raise its nuclear power capacity to 75 megawatts by 2020, eight times that of the current nine-megawatt capacity, to offset the pressure of emission reduction, Shanghai Securities News reported Friday citing an official close to the mater.
Central firms to buy electric car technology
2010-08-27 17:48:47
China's central enterprises are stepping up efforts to take over companies that have technology advantages in developing green vehicles or auto parts, the Shanghai Securities News reported Friday.
Fan Xiping to lead the Shanghai Disney project
2010-08-27 17:35:15
Walt Disney Co's Chinese partner at the city-level in developing the Shanghai Disney park, the Shanghai Shendi Group Corp, has been established, and Fan Xiping, vice-secretary general of the Shanghai municipal government, has been appointed as board chairman.
China accelerates electric vehicle dream
2010-08-27 16:47:24
China's electric vehicle (EV) market is in pole position to become the first nation in the world to realize the EV era, Tony Chen, China Regional Manager with SUD-Chemie, said at a forum in Beijing on Tuesday.