12/28/2007 1:14:00 PM
From January to November, urban investment in fixed assets achieved 10,060.5 billion yuan, with a year-on-year increase of 26.8 percent. Of which state-owned and state-holding enterprises invested 4,388.7 billion yuan, up by 16.3 percent; investment in real estate development reached 2,163.2 billion …
12/28/2007 11:47:00 AM
Most Chinese companies put off going global because they believe the overseas market lacks professionals with cross-cultural and managerial know-how. That´s according to "China Going Global: What it Takes to Succeed in the Global Market", a report by management consulting firm McK…
12/27/2007 2:26:00 PM
Although prices of food, housing and shares are increasing, an official from a think-tank of the Communist Party of China (CPC) on Wednesday claimed that "China will not face serious inflation." Zheng Xinli, deputy director of the Policy Research Office of the CPC Central Committee, told a …
12/27/2007 2:24:00 PM
China’s cotton fabric exports in November reached a record high 607 million square meters, a gain of 10 percent from October but only a 1.78 percent year-on-year rise. Fabric imports for November were up as well, ending at 130 million square meters, a gain of 18 percent from October but down 10.68 p…
12/27/2007 2:22:00 PM
Two Chinese companies were awarded the "Chinese Industry Grand Prize" on Wednesday for outstanding achievement over the past year. The Prize was initiated in 2005 with the approval of the State Council to encourage Chinese companies to innovate, develop world-level brand names and improve t…
12/27/2007 2:19:00 PM
Chinese industrial firms saw net profits soar 36.7 percent year-on-year in the first 11 months of 2007, driven by the nation´s double-digit economic growth and strong consumer spending. Combined profits at the industrial companies with annual sales of at least five million yuan reached 2.29…
12/26/2007 4:43:00 PM
China´s every-growing need for energy is continuing to impact the world in new and unexpected ways. One is its effect on global crude oil prices. With crude oil prices holding just below their record highs, it has been interesting to note the new contracts signed by China during the final d…
12/26/2007 4:14:00 PM
China´s wool consumption has weakened in 2007, as yarn production has been curtailed. January through November wool yarn output dropped 7 percent from the previous year to 330,543 tons, with monthly production having declined for the past 7 consecutive months. Wool yarn output in 2006 reach…
12/26/2007 4:12:00 PM
China will proceed with energy price reform in "a vigorous and steady way," says a white paper published on Wednesday by the Information Office of the State Council. The paper, titled "China´s Energy Conditions and Policies," says China will gradually establish a pricing…
12/25/2007 1:30:00 PM
BEIJING -- The total profit of China´s township enterprises is expected to rise 14 percent year-on-year to 1.69 trillion yuan (about 230 billion U.S. dollars) in 2007, according to figures released by the Ministry of Agriculture on Monday. Aggregate turnover would reach 28 trillion yuan, up…
