Business / Industry Watch

China's crude output hits record as growth rebounds

[2013-01-24 14:06]

China's crude oil output rose to a record in December as the nation's economy rebounded from a seven-quarter economic slowdown.

Lhasa receives 6.5m tourists in 2012

[2013-01-24 09:53]

Lhasa, capital of southwest China's Tibet autonomous region, received 6.5 million tourists in 2012, regional tourism authorities revealed.

China sets industrial output target

[2013-01-24 09:51]

China has set a cautious industrial output target for 2013, as regulators beat the drum once again on industry consolidation to tackle overcapacity.

China to become major consumer of Iraqi oil

[2013-01-24 07:19]

The energy giant China National Petroleum Corp is looking to expand its business in Iraq.

Steel demand to increase in 2013

[2013-01-23 17:16]

China's steel demand will rise 3.1 percent in 2013 as the government's measures to stabilize growth pick up steam, the China Iron and Steel Association, or CISA, said in a statement on its website on Jan 21.

China's insurance premiums rose in 2012

[2013-01-23 17:09]

China's insurance premium income increased 8 percent to 1.55 trillion yuan ($248 billion) in 2012, with health insurance premiums leading the growth.

Chinese travelers to Sri Lanka up 58% in 2012

[2013-01-23 10:00]

Chinese tourists to sun dappled Sri Lanka has increased by 58 percent in 2012, official data released showed.

Diesel imports fall 55%, exports rise 5-fold

[2013-01-22 15:13]

China's diesel imports dropped 55 percent from a year earlier to 109,625 metric tons in December, the General Administration of Customs said.

China's vehicle exports top 1-million mark for first time

[2013-01-22 04:11]

The latest statistics from China Association of Automobile Manufacturers show that the country delivered a total of 1,056,100 units abroad in 2012.

Chinese railways to carry more thermal coal

[2013-01-21 11:21]

China's railway authority will enhance the support for thermal coal transportation to ensure coal supply to the country's power companies.

Pork prices up 10% in two months

[2013-01-21 10:01]

The cost of pork rose more than 10 percent in the past two months, according to Xinhua News Agency's price system on national farm produce.

China's farm produce output grows in 2012

[2013-01-21 09:55]

Farm produce output in China witnessed growth last year, boosted by vegetable, meat and sugar production, the Ministry of Agriculture said.

Major cities see housing price hikes in Dec

[2013-01-18 16:48]

More than half of Chinese major cities saw home price hikes in December on an annual and monthly basis, in a sign of increasing pressure for property prices.

China's property investment up 16.2% in 2012

[2013-01-18 10:46]

Investment in China's property sector rose 16.2 percent in 2012 from a year earlier to 7.18 trillion yuan ($1.14 billion).

Chinese cigarette output up 2.4% in 2012

[2013-01-18 10:00]

Output and sales of Chinese cigarettes rose less than 2.4 percent in 2012 from the previous year, an industry official said on Thursday.

Marine economy to hit 10% of GDP by 2015

[2013-01-18 09:41]

China is aiming to expand its marine economy output to 10 percent of its GDP by 2015, according to a government plan issued Thursday.

China processes 75% of world's fur: chamber

[2013-01-18 09:22]

China tans and dyes more than 75 percent of the world's fur, according to a report from a Chinese chamber of commerce.

China plans 650b yuan in rail investment

[2013-01-17 15:29]

The Chinese government plans to invest 650 billion yuan ($103.56 billion) in railway construction this year, nearly equivalent to the amount spent last year.

China home to 277,000 independent pharmacies

[2013-01-17 10:27]

China is home to 277,000 independent pharmacies, accounting for 65.6 percent of the country's total medicine stores.

Macao's visitor arrivals up 0.3% in 2012

[2013-01-16 12:04]

The number of visitor arrivals in Macao exceeded 28 million last year, a minor year-on-year increase of 0.3 percent over 2011.