Business / Industry Watch

Vanke buys $4 billion land plots

[2013-06-05 21:59]

China Vanke Co Ltd, the nation's largest real estate developer by sales, secured 38 plots of land valued at 25 billion yuan within five months.

Big spenders still from China

[2013-06-04 07:23]

Chinese are still spending more on shopping overseas than people from any other nation, with an average of $1,139 per trip.

Toyota sees first sales increase since Jan

[2013-06-04 13:08]

Toyota Motor Corp, the world's biggest carmaker, reported a monthly sales increase in China for the first time since January.

Air purifier sales offer hope for retailers

[2013-06-04 10:20]

Due to the soaring demand for cleaner air, air purifiers will become the new growth driver for the country's sluggish home appliance industry.

Passenger vehicle exports enjoy fast start

[2013-05-28 06:52]

Passenger vehicle exports, by both domestic and foreign companies, surged in the first four months of the year, according to the latest statistics.

Expanding, the Lenovo style

[2013-05-27 13:18]

The plain-vanilla personal computer industry may be hurting, but Lenovo is still raking in the cash. So what is the Chinese giant's secret formula? Watch and find out.

China launches major coal price index

[2013-05-24 09:15]

A coal price index offering an alternative gauge for the bulk commodity was launched on Thursday in China, the world's largest coal producer.

April passenger vehicle sales rise 16.6%

[2013-05-10 07:26]

Passenger car sales enjoyed 16.6% year-on-year growth in April, with Shanghai Auto Show and Labor Day holiday boosting figures.

Alibaba profit surges 171% in 4th quarter

[2013-05-09 06:02]

Alibaba posted a 171.1 percent jump in net profit in the fourth quarter as its revenue rose 84 percent.

Shifting to domestic demand

[2013-05-07 10:10]

A growing number of Chinese exporters report they are successfully shifting their traditional export-focused businesses to chasing sales at home.

A golden age for gaming on the go

[2013-05-06 01:55]

Mobile gaming is one of the fastest growing sectors in China, with estimates indicating that the sector could clock up turnover of 20 billion yuan by 2015.

Foreign brands no longer top choice

[2013-05-06 02:02]

Chinese customers are no longer swayed by the lure of foreign brands and would instead prefer to buy more brands that are made in China, a survey said.

China claims top spot in global PC market

[2013-05-03 01:30]

China became the world's largest personal computer market for the first time on an annual basis last year amid weaker global demand, a research firm said.

China's H1 power consumption growth

[2013-04-28 10:49]

China's electricity consumption growth will accelerate in the second quarter after usage unexpectedly slowed in the first three months of 2013.

Cautious optimism as auto sales rise in March

[2013-04-20 07:20]

Following weak performance in February, China's light vehicle sales grew 11 percent month-on-month in March, to 2 million units.

Retail sales rise but hit by govt spending limits

[2013-04-16 10:30]

Retail sales in China in the first quarter reached 5.55 trillion yuan ($897 billion), a year-on-year growth of 12.4 percent, but a 2.4 percentage point decline from a year ago, partly due to efforts to curb government spending.

Customers need ID cards to buy telephone service

[2013-04-12 07:10]

The government plans to ask people to present their ID cards when they apply for fixed-line telephone services or buy wireless Internet cards.

Major firms grab larger slice of property market

[2013-04-10 09:13]

China's major property developers are grabbing bigger market shares, and higher revenues from the market reshuffle brought about by tightening policies.

Home prices continue to rise

[2013-04-01 23:33]

Property prices in China's major cities saw a 10th consecutive monthly increase, but new policies are expected to rein in the price increases.

2 cities in bid to cool real estate market

[2013-04-01 04:59]

Guangzhou, Shenzhen have announced how they will implement central government's regulatory plan after Beijing, Shanghai, Chongqing, Hefei and Xiamen. Officials call for better use of land Detailed property curbs with local features