Forty-six SOEs not creating value
2009-12-11 17:57:19
State-owned enterprises (SOEs) will be assessed with a new metric next year, according to officials at the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). The new measurement, economic value added (EVA), is designed to assess whether the companies are in fact generating value for the economy.
300 iron and steel works below drafting entry criteria
2009-12-11 15:56:47
The Ministry of Industry and Information Technology announced a draft of new regulations for entry criteria into China's iron and steelworks sectors on Dec 9 – the first time the government has imposed minimum entry requirements for the industry.
Fixed-asset investments up 32.1% in Jan-Nov
2009-12-11 10:19:39
China's fixed-asset investments rose 32.1 percent year-on-year in the Jan-Nov period, the National Bureau of Statistics (NBS) said Friday.
China’s retail sales up 15.8% in Nov
2009-12-11 10:15:25
China's retail sales in November rose 15.8 percent year-on-year, the National Bureau of Statistics said Friday.
China's Nov CPI rises 0.6%, PPI down 2.1%
2009-12-11 10:08:46
China's consumer price index (CPI), a main gauge of inflation, increased 0.6 percent year-on-year in November, ending nine months of decline, the National Bureau of Statistics (NBS) said Friday.
China's retail sales up 15.8% in Nov
Fixed-asset investments up 32.1% in Jan-Nov
China's electricity power production up 26.9% in Nov
China's new loans rise to 294.8b yuan in November
China's industrial output up 19.2% in Nov
2009-12-11 10:04:50
China's industrial output rose 19.2 percent in November from a year earlier, according to the the National Bureau of Statistics (NBS).
Residential land supply increases
2009-12-10 17:17:42
Home prices in major Chinese cities continued to grow, while the supply of residential land also increased, though at a slower pace, according to a real estate sector report published on Dec 8.
Freight prices rise as coal shipping demand booms
2009-12-10 10:19:20
The China Coastal Bulk Freight Index (CCBFI), a barometer of the shipping market, has been rising for the past six weeks and freight prices for coal and grain have doubled in about 30 days, according to data released by the Shanghai Shipping Exchange, China Securities Journal reported.
Taiwan Bank to set up Shanghai bureau
2009-12-09 16:47:35
The Chinese mainland authority gave approval Tuesday for Taiwan Bank (TB) to establish an office in Shanghai, the chinataiwan website reported.
Taiping strives to integrate its non-life insurers
2009-12-09 16:42:39
China Taiping Insurance Group Co, the country's fourth largest insurance group, is trying to integrate its two non-life insurance subsidiaries after Ming An (Holdings) Co Ltd was delisted from the Hong Kong bourse last month, the group's top management said in an interview.
Developers plans green overhaul of construction industry
2009-12-09 16:35:22
Several real estate developers led by Wang Shi, Chairman of China Vanke Inc called for a green overhaul of construction industry on Tuesday on the sideline of the the UN Climate Change Conference.
Safe online shopping platform to be launched
2009-12-09 14:51:09
Software maker Jinshan will join Taobao, a leading online trading platform in China, and Maxthon Browser to build a secure online shopping platform, the Beijing Times reported.