Business / Industry Watch

Price records set for prime land

[2013-09-06 07:18]

Rebounding property prices are driving developers to pay more for prime land, with two new price records being created within 24 hours.

Rare-earth firms post rocky H1

[2013-09-04 07:44]

First-half financial statements for listed rare-earth companies show an industry grappling with plunging profits and flat revenue.

Softer service sector weighs on economy

[2013-09-04 07:44]

Non-manufacturing business activity moderated in China last month, with the Purchasing Managers' Index coming in at 53.9, down from 54.1 in July.

China's listed coal companies suffer loss

[2013-09-03 16:12]

More than 80 percent of China's listed coal companies suffered a drop in net profit in the first half of this year, amid increasing imports and soft demand.

Home prices keep rising in August

[2013-09-03 08:40]

New home prices in 100 major cities averaged 10,442 yuan ($1,706) per square meter in August, rising for 15 consecutive months in month-on-month terms.
Housing rents continue to rise in country

High rents send firms 'over the edge' in Beijing, Shanghai

[2013-09-03 07:16]

Grade-A office buildings in Beijing's non-core areas are 30 percent cheaper than similar buildings in core areas. In Shanghai, the difference is almost 50 percent.

New home prices rise in August

[2013-09-02 17:17]

New home prices in China's 100 major cities rose 0.92 percent on a monthly basis to 10,442 yuan ($1,705.18) per square meter in August.

Thermal power companies energized by profits

[2013-09-02 15:46]

The overwhelming majority of thermal power companies listed in Shanghai and Shenzhen reported gains in the first half of 2013, aided by reduced costs.

Weak M&A activity forecast until policy outlook clears: Study

[2013-08-30 07:16]

Merger and acquisition activity in China remains subdued as dealmakers adopt a "wait and see" attitude pending clearer policy direction from the government, a semi-annual report by professional service provider PricewaterhouseCoopers finds.

Third-quarter outlook bright for light vehicle sales

[2013-08-30 09:49]

China's light vehicle market posted a solid start in the third quarter of 2013, with sales of locally made cars, pickups, SUVs and vans hitting 1.43 million units in July.

China offshore software market to reach $13.8b

[2013-08-29 14:37]

China-based Offshore Software Development Market will reach $13.8 billion in 2017 at a compound annual growth rate of 22.3%.

China's e-commerce market hits $711b in H1

[2013-08-29 09:10]

China's e-commerce market grew strongly in the first half of the year as more businesses and people turn to online shopping.

China's oil output slightly up in July

[2013-08-28 13:49]

China's crude oil output rose slightly year on year last month, according to data released Wednesday by the country's top economic planner.

Industrial sector's profit picture brightens

[2013-08-28 07:58]

Industrial companies' net income jumped 11.6 percent year-on-year in July, almost double the pace of 6.3 percent in June, adding further evidence of economic stabilization in China.

China's farm produce prices continue to rise

[2013-08-27 17:14]

The prices of farm produce in 36 major Chinese cities continued to climb last week, according to official data released Tuesday.

Half-year reports reveal risks for steel companies

[2013-08-27 06:50]

Among the 18 listed steel companies that had released their mid-year reports by Monday, 11 reported profits, while seven reported losses.

Aluminum producers staggering as factories lack orders

[2013-08-27 06:50]

China has invested substantial sums in raw material production such as electrolytic aluminum projects, driven by global demand, but the industry faces serious excess capacity, experts said.

China's industrial profits rise 11.6% in July

[2013-08-27 10:07]

Major Chinese industrial firms saw their combined profits rise 11.6 percent year-on-year in July, quickening from the 6.3-percent rate seen in June.

China's culture industry output grows 16.5%

[2013-08-26 13:26]

China's culture industry output rose 16.5 percent year-on-year to 1.81 trillion yuan in 2012, making up 3.48 percent of the country's GDP

Grim picture for pocket cameras

[2013-08-23 07:48]

First-half digital camera sales in China plunged by more than one-third, the sharpest fall-off ever.