China's State-owned industrial enterprises, which account for the majority of China's SOEs, ended two years of losses in 2016 and reaped good returns on the back of structural optimization. In 2016, the profits of State-owned industrial ...
Enterprises listed on China's NASDAQ-style board witnessed robust net profit growth in 2016, evidence of ongoing industrial upgrading and economic restructuring. Combined business revenue of 603 growth enterprises listed on the board ...
China's top economic planner will not adjust domestic retail oil prices as global prices have stayed below the official pricing mechanism, according to an announcement on Tuesday. Under the current mechanism, prices of refined oil ...
Tags: oil prices, refined oil
Freight rates for shipping coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou in eastern and southern China began to rise in the week to Tuesday, port operator Qinhuangdao Port ...
Tags: coal, coal demand
China's mechanical industry developed rapidly last year, buoyed by the fast-growing auto and electrical appliance segments, China Machinery Industry Federation said Thursday. The auto sub-sector contributed nearly 60 percent of the ...
Great Wall Motor Co Ltd, one of the major sport utility vehicle manufacturers in China, plans to launch its first high-end SUV brand in May, aiming to further expand its market share. The model will be equipped with competitive ...
Tags: High-End SUV, Great Wall, SUV
Amid the country's effort to build a greener energy system, the country's raw coal production by its large-size coal companies continued to decline in 2016. Combined raw coal production from the country's designated large coal companies ...
Tags: Coal Production, Coal
China's retail sales of consumer goods, a key indicator of consumption, grew 10.4 percent year on year in 2016, the same as the first three quarters, official data showed Friday. Retail sales grew 9.6 percent year on year after deducting ...
Tags: consumer goods, catering industry
Shandong Province in east China set a new record of exporting farm products worth 107.5 billion yuan (about 15.6 billion U.S. dollars) in 2016, according to the provincial government. Shandong has been the country's top agricultural ...
As one of the auto manufacturer firstly located in Changsha economy and development district, FOTON Changsha plant has produced 800 thousand vehicles since 1999, accumulating sales revenue of 40 billion Yuan, realized the super development ...
December 19, 2016, Qingdao, Shandong West Coast New District and SINOTRUK held a new energy commercial vehicle project signing ceremony, marking another high-end, new manufacturing project successfully settled in Qingdao. SINOTRUK plans to ...
Tags: SINOTRUK, New Energy CV
Amid spiking energy demand and mounting environmental challenges, China is striving to build a greener energy system, with more investment flowing to the clean energy sector in the coming years. China's total energy consumption will be ...
Tags: Greener Energy, clean energy
Insiders say there's a silver lining to stagnant box office takes in 2016. Box office takes for China's film industry remained stagnant in 2016, but most industry insiders see it as a blessing in disguise. Last year's box-office total was ...
Tags: Film Industry, Turning Point
Archaeologists unveil the tragic story of a historic sea battle more than a century ago as they excavate an ironclad warship, Wang Kaihao reports. An iconic Chinese warship and the 245 officers-soldiers and crewmen who have been keeping a ...
Tags: Archaeologists, Sunken Heroes
Online retail volume of China's farm produce is expected to grow by about 50 percent in 2016 as more farmers use e-commerce platforms to sell their produce. Online produce sales might reach 220 billion yuan ($32 billion) this year, up ...
Tags: Farm Produce, Agriculture