China collected 5.94 trillion yuan (969 billion U.S. dollars) in taxes in the first half of this year, up 6.3 percent year on year, new data showed on Monday. The growth pace was in line with the overall economic growth in the first six ...
Tags: Tax Revenue, China economy
Centrally-administered state-owned enterprises (SOEs) performed well in the first half of the year, regulators said on Tuesday. These SOEs have seen a steady rise of profitability, especially in the second quarter of the year, the ...
Tags: China economy, SOEs
Of 26 provinces that have released their latest economic data, 24 posted an increase in GDP growth in the second quarter, while stable growth remained a major priority for the latter half of the year, reported Shanghai Securities News. ...
Tags: GDP Growth, China Economy
Profits at major Chinese industrial firms dropped 0.3 percent year on year in June, down from a 0.6 percent growth posted in May, the National Bureau of Statistics (NBS) said on Monday. He Ping, an official with the Department of Industry ...
Tags: Industrial Profits, China economy
Sales of China heavy trucks decreased 33% in the first five months this year over last year, and we predict that the sales will recover in the second half year. The drastical decreasing sales of heavy trucks can be attributed to the ...
Tags: Heavy Trucks, Trucks
Chinese imports and exports shrank again in May, the latest sign of sputtering growth in the world's second biggest economy that adds to pressure on Beijing to avoid a sharp slump. Customs data released Monday showed that exports ...
Tags: China Economy, China Trade
More steps necessary to reverse trend, says government think tank China may need more time to reverse the current economic downturn than previously expected, and further measures are necessary to prevent an accelerated cooling, a leading ...
Tags: economic downturn, China economy
China's economy will enter a new phase, as innovation becomes a personal pursuit for entrepreneurial success. According to the Organization for Economic Cooperation and Development, China's absolute input in research and development was ...
China's economy is likely to expand at a slower pace of 7 percent in 2015 and 7.3 percent this year, a government think tank said in a report on Monday. Due to factors such as overcapacity in some manufacturing industries, the country's GDP ...
Tags: China Economy, home price
ANTA Sports, a professional sportswear company headquartered in China, has selected the retail management system by Eurostop, one of the leading supplier to the fashion, footwear and lifestyle sectors, for its retail business. ...
Tags: ANTA Sports, System, Textile
In October this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) increased to 50.4 - the highest level of the past three months - higher than the anticipated level of 50.2 and up from September's final reading of ...
Tags: PMI, China economy
Recent soft economic data including falling property prices have many investors worried about a growth slowdown in China, but Platinum Asset Management sees plenty of investment opportunities. The funds manager said in a note to investors ...
Tags: China Economy
China's state-run media are trying to do something the securities industry has failed to accomplish for much of the past three years: get the world's biggest population to buy more stocks. The official Xinhua News Agency published at ...
Tags: Stocks, China economy
China just notched up its third-largest quarterly trade surplus on record: a whopping $86 billion, equivalent to roughly the entire output of the Danish economy over the same time. But if you look a little bit closer at the seemingly ...
Tags: economy, china trade surplus, china economy
Seaborne iron ore prices reversed losses Tuesday, as bullish expectations on Chinese economic performance provided stronger support for the steel raw material. Platts assessed the 62% Fe IODEX $0.75/dmt higher on day at $96/dmt CFR North ...