Rio Tinto grows China revenue despite economic slowdown

China still accounted for 38 percent of total group revenues at Rio Tinto Plc last year, despite the country's slowing pace of economic growth, the world's second-largest mining company said on Wednesday.

Ren Binyan, head of Rio Tinto China, said the company continued to have strong confidence in the world's second-largest economy as it continues its economic growth transformation.

According to the company, it had total sales of $19.1 billion in China in 2014, or 38 percent of global sales - a 3 percent increase compared with the previous year.