Manufacturing hubs see slower profit growth

2012-02-11 09:05:56

Rising costs, the renminbi's appreciation, and weak external demand for China-made goods have dented industrial profits in South China's manufacturing hubs of Guangdong and Zhejiang, data released Friday showed.

Canada, China collaborate on resources

2012-02-11 07:56:11

Canada's resources sector is set to become a new target for Chinese companies. That's after the announcement of a $1 billion fund focused on investing in the sector.

New Year inflation jumps higher than estimated

2012-02-10 09:16:37

The inflation rate hit an unexpected three-month high in January as consumers increased spending during the Chinese New Year holiday.

Chery exports up 21% in Jan

2012-02-10 14:49:50

China's carmaker Chery Automobile Co Thursday said its overseas shipments in the first month of the year rose 21.2 percent year-on-year to 11,823 units.

Yuan rises to new high against the US dollar

2012-02-10 14:48:26

China's yuan advanced to an 18-year high against the dollar on Friday.

China to lure private capital in mining sector

2012-02-10 14:23:28

China hopes to lure more private investment into its mining industry through a new system of publishing prospecting information for review by potential investors, according to the country's land authority.

January exports decline slightly

2012-02-11 07:56:11

China's exports in January registered a decline from a year ago - the first monthly fall in more than two years - as demand from the debt-stricken European markets continued to shrink and the week-long Chinese New Year holiday hurt global purchases.

Govt gets tough on food safety, quality

2012-02-10 14:20:35

Chinese authorities punished a total of nearly 290 people in more than 5,200 food safety cases in 2011, according to new figures.

Salary hikes to exceed inflation

2012-02-10 09:21:01

Salary increases in China are likely to exceed the rate of inflation in 2012 and job opportunities are expanding despite slowing economic growth, said human resources executives.

Lenovo narrows market gap with HP

2012-02-10 09:15:22

The gap in market share between the computer manufacturers Hewlett-Packard Corp and Lenovo Group Ltd has narrowed to 2 percent, according to the Chinese company on Thursday.

City plans to boost air quality in stages

2012-02-10 14:02:20

Reducing fine particle pollution is the Beijing municipal government's top priority for 2012, ahead of housing, health, and education, according to a local government report.

TCM exports set to rise at a healthy clip

2012-02-10 13:59:12

The value of traditional Chinese medicine exported from China is expected to increase by more than 10 percent a year during the next five to 10 years.