Business / Industries

Vancouver Boat Show attracts wealthy Chinese buyers

[2015-01-24 18:13]

For China's rapidly emerging wealthy elite, there are few better places in the world to spend their new money than at the Vancouver Boat Show.

Russia's Sochi moves to attract more Chinese tourists

[2015-01-24 17:22]

Today, almost one year after the Winter Olympics, Sochi called on its residents to study Chinese, ready to attract more tourists from China.

China's online population reaches 648 million

[2015-01-24 16:23]

China's netizen population, the world's largest, reached 648 million at the end of 2014, 16 million more than in June.

Beijing to start building 4 subway lines in 2015

[2015-01-24 16:01]

Beijing plans to start construction on four subway lines in 2015 as the city authorities continue to resort to the metro system to ease traffic jams.

China real estate loans see rapid growth

[2015-01-24 14:10]

Financial institutions had 5.63 trillion yuan ($926 billion)in outstanding loans to the real estate sector as of the end 2014, up 22.6 percent.

China's coal production sees first drop since 2000

[2015-01-24 11:55]

In the first 11 months of last year, China produced 3.5 billion tons of coal, 2.1 percent less than the same period in 2013.

Ratio of Chinese banks' bad loans jumps in Q4

[2015-01-24 11:37]

The non-performing loan ratio of China's commercial banks rose to 1.29 percent in the fourth quarter last year, a level not seen since the second quarter of 2010.

PMI signals industrial stabilization, analysts say

[2015-01-24 08:02]

A gauge of manufacturing activity recovered lost ground in January, suggesting stimulus measures have helped stabilize the world's second-largest economy.

First batch of official vehicles to be auctioned off in Beijing

[2015-01-24 10:26]

The first batch of 304 premium sedans formerly owned by the central government and various sub organs is to be auctioned off this Sunday, Jan 25 in Beijing.

China's insurance sector sees profits double

[2015-01-23 15:21]

China's insurance industry recorded profit of 204.7 billion yuan last year, more than double the amount of the previous year.

Ping An buys another London landmark

[2015-01-23 12:14]

Ping An Life Insurance of China has acquired another landmark site in London, after it bought the Lloyds of London building a year and half ago.

Profit warnings proliferate as developers file results

[2015-01-23 10:58]

Nearly half of the developers that have filed preliminary 2014 earnings figures with mainland stock exchanges warned of lower profits.

US tax on Chinese PV products violates WTO rules

[2015-01-23 10:00]

The tax levied by the United States on Chinese photovoltaic products has violated the rules of World Trade Organization.

Xinjiang lake in bumper fishing season

[2015-01-23 08:49]

A total of 17 tons of fishes were captured in one net after 14 fishermen worked together for 12 hours, setting a record since 2011.

Global exhibition organizers put on a show of confidence

[2015-01-23 07:34]

The economic outlook for this year may be muted, but for the Chinese exhibition industry, it is likely to be yet another period of steady growth.

Bold predictions on green energy

[2015-01-23 07:33]

China could be generating the majority of its total energy needs from renewable sources by 2050, a senior government official said in Abu Dhabi.

China farm produce prices up slightly

[2015-01-22 14:59]

China's farm produce prices in 36 large and medium-sized cities edged up slightly in the week ending Jan 18 compared with the previous week.

Global nuclear majors target China

[2015-01-22 13:51]

As nuclear power plants continue to be phased out by many countries, foreign energy giants are pinning their hopes on China's nuclear market, and its huge potential for growth.

Saudi Arabia slows its $109 billion solar program

[2015-01-22 13:43]

Saudi Arabia is delaying by eight years its target to complete a clean-energy program including $109 billion in solar power, saying it needs more time to assess what technologies it will use.

Australian wine exports to China rise 8%

[2015-01-22 13:41]

Australian wine exports to China rebounded last year as sales of cheaper wines gained traction, bucking a regional shift toward high-end tipples.

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