Business / Industry Watch

Foreign interest grows in aging society

[2013-03-30 08:10]

Liu Zhanglin has been working in China's pharmaceutical industry - especially the consumer healthcare and traditional Chinese medicine segments - for nearly three decades.

Stable outlook for iron ore sector: NDRC

[2013-03-26 08:01]

Global oversupply of iron ore is expected to continue as China's crude steel output enters a stable period, according to the country's top economic planning agency, the National Development and Reform Commission.

4G market set to ignite hot competition

[2013-03-25 09:11]

Foreign telecom companies are keen to join China's 4G mobile network deployment with the country looking likely to issue the relevant licenses this year.

Growth of real estate investment in Feb

[2013-03-21 09:45]

The investment in real estate development during the first two months of 2013 was $107.25 billion, up 22.8 percent.

Sluggish Chinese demand for PCs dents global shipment figures

[2013-03-20 07:30]

Global personal computer shipments slowed in February amid sluggish demand from the Chinese market, said International Data Corp.

China's forestry developments in 2012

[2013-03-12 13:28]

China's National Afforestation Committee released a bulletin showcasing developments in the forestry sector in 2012 to mark the country's 35th Tree Planting Day.

China eyes 20% growth in nuke installation

[2013-03-12 15:41]

China's plan to raise installed nuclear power capacity by 20 percent this year indicated the country is developing nuclear power in a safe and efficient way, a senior energy executive has said.

Afforestation area increases to 6m hectares

[2013-03-11 21:17]

Nationwide afforestation increased to 6.01 million hectares in 2012, the country's forestry authority said on Monday.

Pre-owned home sales soar in Beijing

[2013-03-11 14:59]

Sales of pre-owned homes in Beijing almost tripled last week after the State Council's call to reinforce real estate policies, industry data showed on Monday.

Mainlanders made 83.18m overseas trips in 2012

[2013-03-09 14:47]

Chinese mainland residents made 83.18 million overseas trips in 2012.

China's retail sales up 12.3% during Jan-Feb

[2013-03-09 14:00]

China's retail sales grew 12.3 percent year-on-year to 3.78 trillion yuan ($602.1 billion) in the first two months of the year.

China's property investment up 22.8% in Jan-Feb

[2013-03-09 14:00]

Investment in China's property sector rose 22.8 percent year-on-year to 667 billion yuan ($106.2 billion) in the first two months of the year.

1.72m men buy gifts for Women's Day

[2013-03-08 20:48]

A total of 1.72 million men bought gifts for women in the last 10 days, a report issued by Taobao, China's largest online shopping website, said on Friday.

E-commerce revenue hits $175b

[2013-03-08 13:34]

China's booming online commerce industry is expected to reap more than 1.1 trillion yuan (about $175 billion) in revenue in 2012, Minister of Commerce Chen Deming said on Friday.

Iron ore prices to drop 50% in 18 months: Rio Tinto

[2013-03-07 16:54]

Rio Tinto Plc, the world's third-largest miner by market capitalization, expects iron ore prices to drop 50 percent in 18 months.

China's tea exports down 2.8% in 2012

[2013-03-07 14:26]

China's tea output reached 1.75 million tons last year, with 310,000 tonnes shipped overseas, an industry association official said Thursday.

Online advertising surges to $11.7b

[2013-03-04 11:11]

The turnover of China's online advertising market hit 73.1 billion yuan ($11.7 billion) last year, a jump of 48.4 percent compared with 2011.

China HSBC PMI recedes from two-year high to 50.4

[2013-03-01 14:27]

Chinese factory activity grew at its slowest pace in four months in February as domestic demand softened, a private survey showed.

China's power capacity to hit 1.23b kW

[2013-03-01 10:11]

China's installed power capacity will top 1.23 billion kilowatts by the end of 2013, a report from the China Electricity Council said on Thursday.

Mainland tourists to Taiwan up 34% for holiday

[2013-02-28 09:47]

More than 57,000 Chinese mainland tourists visited Taiwan during the seven-day Spring Festival holiday, up 34.31 percent from last year's holiday.