BNP Paribas China revenue doubles

2011-03-24 10:18:05

BNP Paribas, one of the world's six leading banks and the eurozone's largest bank by deposits held, doubled its revenue in China in 2010, said a senior executive on Tuesday.

Suntech revels in bright future

2011-03-24 09:57:39

Suntech Power Holdings Co Ltd, one of the world's largest solar panel makers, secured the No 1 position in the United States, which is expected to be the world's fastest-growing solar market soon.

China set for No 1 spot by 2030

2011-03-24 09:34:14

The World Bank's chief economist said on Wednesday that China's economy will probably become the world's biggest by 2030, when it will be twice the size of the United States, if measured in terms of purchasing power parity (PPP).

CNNC trials at uranium mine in Niger

2011-03-24 09:49:26

China National Nuclear Corp (CNNC), the country's largest nuclear plant operator, has started trial production at its first overseas uranium mine. The move comes as China increases efforts to secure more of the metal used in nuclear power production, from overseas acquisitions.

CNOOC sees net profit up 84.5%

2011-03-23 17:16:49

China National Offshore Oil Company Limited announced Wednesday that its net profit surged 84.5 percent year on year to 54.41 billion yuan ($8.29 billion) in 2010.

China Sany donates for Japan quake relief

2011-03-23 17:04:43

China's construction machinery maker Sany Group donated a concrete pump truck to Tokyo Electric Power Company on March 22 to help the company cool down its crippled nuclear reactors at Fukushima Daiichi nuclear power plant.

China Oilfield 2010 net profit rises 31.7%

2011-03-23 13:52:28

China Oilfield Services Limited (COSL), a leading integrated oilfield services provider, posted a 31.7 percent year-on-year net profit increase as its exploration business expands.

Apple to sell iPad 2 in HK in April

2011-03-23 10:19:22

Apple Inc on Tuesday announced that iPad 2, the second-generation of its popular tablet computer, will be available in China's Hong Kong, Korea, Singapore and additional countries and regions in April.

China Telecom misses estimates

2011-03-23 10:04:38

China Telecom Corp, the country's biggest fixed-line carrier, posted fourth-quarter profit that rose 42 percent yet missed analyst estimates. The shortfall resulted from rising costs to add subscribers at the company's mobile-phone unit.

St Jude sets up technology center

2011-03-23 09:53:41

Announcing on Tuesday the opening of a technology center involving an investment of $2.5 million in Beijing, St Jude Medical Inc, one of the world's largest medical device manufacturers, plans to accelerate its growth in China.

ODI 'set to grow' despite setbacks

2011-03-23 09:26:36

China's overseas direct investment (ODI) is on a long-term upward trend despite a recent slowdown, partially due to political unrest in some African countries, Yao Jian, Ministry of Commerce spokesman, said on Tuesday.

Cable TV networks to go digital

2011-03-23 09:22:13

China aims to digitalize all of its cable television networks above the county level by 2015, stepping up the pace to advance the convergence of cable television, telecommunications, and the Internet, said a government official.