Business / Industry Watch

Home price growth slows, further moderation eyed

[2014-03-19 11:07]

Home price in major Chinese cities grew at a slower pace in February, with fewer cities seeing month-on-month price rises, official data showed on Tuesday.

Property prices up despite market correction concerns

[2014-03-18 13:54]

China's property prices increased in February despite growing concern over a market correction.

Home prices rise in fewer Chinese cities

[2014-03-18 10:14]

While month-on-month home prices rose in 62 Chinese cities in January, property prices increased in just 57 cities in February.

Insurance giant's net profit up 40%

[2014-03-14 16:32]

Chinese insurance giant Ping An Insurance (Group) reported 28.15 billion yuan ($4.6 billion) in net profit in 2013, a surge of 40% year-on-year.

Ports experience stable expansion in 2013

[2014-03-14 14:33]

Chinese ports managed stable expansion in 2013, boosted by strong domestic investment and surging international demand for coal, iron ore and other commodities.

Catering chain's profit drops 27.62% in 2013

[2014-03-11 14:47]

Hit by the anti-extravagance campaign, the chain adjusted its marketing strategies to attract mass consumers, by adding cheaper dishes.

China Jan-Feb home sales down 5%

[2014-03-13 14:33]

The sales value of housing units in China went down five percent year on year in the first two months of 2014, latest government data showed.

50 million tons of grain lost, wasted annually

[2014-03-06 00:26]

About 50 million tonnes of grain are lost or wasted each year in China, the State Administration of Grain director Ren Zhengxiao said in Beijing on Wednesday.

Completed M&As in February down 40.8%

[2014-03-05 16:53]

Seventy-one deals were finalized in the Chinese merger and acquisition market in February, decreasing 40.8% year-on-year, according to a report released by ChinaVenture Group on Monday.

Chinese acquire a taste for olive oil

[2014-03-05 09:02]

International olive oil producers are counting on China to increase their earning strength because the nation appears to have developed a taste for the healthy oil.

Service sector shines in February, while manufacturing moseys along

[2014-03-04 07:58]

China's service sector brightened in February, but the overall economic prospects are still shadowed by a slowdown in the manufacturing sector.

Slump hits Beijing real estate

[2014-03-03 16:18]

Capital's real estate market witnessed a 68% fall in turnover of new homes compared to January, with just 2,221 properties changing hands in February.

Chinese visitors flock to UK

[2014-03-02 21:14]

The number of visas issued to Chinese nationals by the UK hit a record high of 291,919 last year, up 39 percent year on year.

5.3 million cars recalled in 2013

[2014-02-28 20:35]

More than 5.3 million automobiles were recalled in China in 2013, said the General Administration of Quality Supervision, Inspection and Quarantine on Friday.

Food imports increase 11.2% in 2013

[2014-02-28 20:35]

China imported more than $46 billion of food in 2013, which was 11.2 percent more than the previous year, said the General Administration of Quality Supervision, Inspection and Quarantine on Friday.

China rejects another 286,000 tons of US corn

[2014-02-28 19:14]

China's quarantine authorities rejected another 286,000 metric tons of US corn imports in January and February for contamination with the unapproved genetically modified MIR 162 strain, a spokesman for the country's quality watchdog said on Friday.

Stabilizing forces set to prop up the steel sector

[2014-02-28 08:22]

China's steel industry will face both challenges and opportunities this year as most of the provinces have adjusted their GDP growth target to a lower level.

Consumers have healthy respect for brand names

[2014-02-26 08:46]

China's consumer health market is expected to experience an upswing in the next five years, and rising health consciousness in the world's second-largest economy will spark business opportunities.

China remains Vietnam's 3rd largest export destination in January

[2014-02-21 17:24]

China ranked the third among Vietnam 's export destinations in January after the United States and Japan, with a total value of $1.01 billion, said General Department of Vietnam Customs on Friday.

Property rumors drive key index to two-week low

[2014-02-25 03:12]

China's A-share market sank to a two-week low on Monday, dragged down by falling property and banking shares amid rumors that banks have stopped extending loans to property-related companies.