Peak Sport says order growth will stay strong
2011-03-30 10:15:48
The Chinese sporting goods maker Peak Sport Products Co Ltd expects its order growth to remain strong at more than 20 percent despite its decision to raise prices by up to 10 percent in an effort to offset cost increases.
Assets appraisal group set up toaid SOEs abroad
2011-03-30 09:49:58
China is set to establish five assets appraisal groups meeting internationally standards over the next five years to meet the State assets regulator's demand to strengthen the supervision of the overseas assets of State-owned enterprises (SOEs).
Chinese banks' net profit up 34.5%: CBRC
2011-03-30 09:37:07
China's banks made a net profit of 899.1 billion yuan ($137 billion) last year, up 34.5 percent from a year earlier, the fastest pace in three years, the China Banking Regulatory Commission (CBRC) said in a report released on Tuesday.
Japanese automakers keep cars rolling
2011-03-30 09:23:51
Japanese automakers are optimistic about production in China saying that there has been "almost no effect" on the supply of parts following the earthquake in their home country, thanks to a gradual resumption of output in Japan.
Goodyear aims for another good year
2011-03-30 10:02:16
The United States-based Goodyear Tire and Rubber Co said on Tuesday that it plans to open more stores in China this year. The new outlets are part of a strategy to further tap into the Chinese market, at a time when tire makers are under scrutiny after malpractices surfaced earlier this month.
China to boost development of machinery industry
2011-03-30 09:10:19
China's top political advisor Jia Qinglin on Tuesday called for more efforts to push forward the development of the country's machinery industry.
Shanghai sets target for home-price rise
2011-03-30 09:06:00
The Shanghai municipal government announced on Monday evening its target for controlling the growth rate of city housing prices this year, becoming the first among first-tier cities to make that commitment. Experts said the goal is attainable.
Chinese top spenders on London property
2011-03-29 16:22:41
Property buyers from the Chinese mainland have become the biggest spenders in the prime central London property market, the Financial Times reported.
CEC calls for revised nuclear power goals
2011-03-29 13:53:11
China should trim its planned nuclear capacity and slow down the development of nuclear power plants in inland regions, the China Electricity Council (CEC) has suggested.
Listed companies' profits increase 35% in 2010
2011-03-29 13:27:33
The gross operating revenue for 1,039 A-share listed companies last year came to 9.28 trillion yuan – an increase of 35.05 percent from a year ago, China Securities Journal reported Tuesday.
Tesiro plans broad mainland expansion
2011-03-29 13:25:23
Tesiro Jewelry Co Ltd will open 80 to 100 stores a year on the Chinese mainland in the coming years aided by investment from Eurostar Diamond Traders NV.
Shenhua raises its 2011 sales forecast
2011-03-29 10:52:41
China Shenhua Energy Co Ltd, China's largest coal producer, expects to sell 360 to 370 million tons of coal in 2011, up from its previous forecast of 350 million tons, its chairman said.