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Shanghai's Inflation Grew Modestly in October

Nov 15, 2013

Shanghai’s inflation grew modestly in October, signaling a reasonable inflationary pressure, which may help the city accelerate economic restructuring and reform. The Consumer Price Index, the main gauge of inflation, rose 2.6 ...

Tags: CPI Rise

Shanghai See Investment Opportunity as The City's Main Attraction

Nov 8, 2013

Most foreigners in Shanghai see investment opportunity as the city's main attraction, followed by a wealth of job opportunities and a cosmopolitan culture, according to a survey of taxi passengers. China Daily conducted the poll of ...

Tags: Shanghai, Investment

Inflation in China is Likely to Increase in October

Nov 8, 2013

Inflation in China likely increased in October, while other key economic data will probably indicate stable expansion, analysts said before the figures are released tomorrow. Optimism is in the air ahead of a key meeting of the Chinese ...

Tags: Inflation, export growth

Analysts Expect a Reform Package to Be Unveiled in a Key Plenum This Weekend

Nov 7, 2013

As the Chinese economy firms with recent upbeat data, analysts expect a reform package to be unveiled in a key plenum this weekend to bring changes not only to China but to reinvigorate the global economy, which has been in a slow recovery. ...

Tags: China's Reform

China Is Expected to Grow at 7.5 Percent in 2013,and Slow Down to 7.4 Percent in 2014

Nov 7, 2013

China is expected to grow at 7.5 percent in 2013, and slow down to 7.4 percent in 2014 and 2015, the European Union's European Commission said in a report on Tuesday. According to the EU, the major risks for the Chinese economy remain ...

Tags: China's Growth, EU

Real Estate Companies Have Stake in Commercial Bank

Nov 6, 2013

Guangzhou Yuexiu Property Company Limited and the Vanke (it is the largest real estate developers in China) have stake in commercial banks. Despite their ideas, it is a new attempt for real estate to expand direct financing channels. Some ...

Tags: Real Estate, Commercial Bank, economy

Jiangsu Emerging Industry Investment Fund The First Phase of Raising Five Billion Yuan

Nov 5, 2013

Recently, the total size of 10 billion yuan of emerging industries of investment funds was established in Nanjing of Jiangsu. This fund was made of Huatai securities, Soho group and Hony Capital. The first 5 billion yuan raised has been ...

Tags: Emerging Industry, economy, service

70% Auto Companies Reported "False Harvest" in The Third Quarters

Nov 5, 2013

Currently, 86 listed companies of automotive industry have been released the third quarter reports. According to statistics, 70% car companies' net profit is year-on-year growth in the first three quarter. But the National Securities ...

Tags: Transportation, Auto, automotive industry

CCB Will Control a 72 Percent Stake in Brazil-Based BIC

Nov 5, 2013

China Construction Bank (CCB, SHSE: 601939, and SEHK: 0939), the biggest real estate and mortgage lender in the Chinese mainland, will control a 72 percent stake in Brazil-based Banco Industrial e Commercial S.A. (BIC). It said in the ...

Tags: bank, economy, service

The Internet Growth Causes an Many Foreign Firms to Cast Eye on China Internet Finance

Nov 5, 2013

Fast growth of the Internet causes an increasing number of foreign firms to cast eye on the Chinese Internet finance. Foreign capital always wants to establish a leading position in the Chinese financial market, but due to high ...

Tags: Foreign Capital, Internet Finance, economy

Recession in The Chinese Shipbuilding Industry Still Continues.

Nov 4, 2013

Recession in the Chinese shipbuilding industry still continues. CSSC Jiangnan Heavy Industry Co., Ltd., (SHSE: 600072), a listed arm of China State Shipbuilding Corp. (CSSC), released financial for the third quarter of this year on ...

Tags: Transportation, Shipbuilding

A Person in The Know Revealed That The MIIT Has Nailed Down How to Grant 4G Licenses

Nov 4, 2013

A person in the know revealed that the Ministry of Industry and Information Technology (MIIT) has nailed down how to grant 4G licenses. TD-LTE licenses will be concurrently granted to top three carriers while LTE FDD licenses later. The ...

Tags: 4G, TD-LTE

Baotou Steel Announced on October 31 That It Was Intending to Discuss Matters

Nov 4, 2013

Baotou Steel Union Co., Ltd. (SHSE: 600010) announced on October 31 that it was intending to discuss matters related to its non-pubic share issuance and needs to communicate with relevant institutions on some matters and there still are ...

Tags: steel, Construction, Metallurgy, Mineral

Sinosure Recorded The Amount Insured of USD 286.61 Billion Growing 16.7%

Nov 4, 2013

China Export & Credit Insurance Corporation (Sinosure) recorded the amount insured of USD 286.61 billion in the first three quarters of this year, growing 16.7% over a year earlier. The amount insured of short-term and medium- and ...

Tags: Service, insurance, Credit Insurance

China Oilfield Services Signed Three Drilling Platform Building Contracts

Nov 4, 2013

China Oilfield Services October 30 signed three drilling platform building contracts with Dalian Shipbuilding Industry Offshore Co., Ltd. and China Merchants Heavy Industry (Shenzhen) Co., Ltd., which include the HYSY 982, the HYSY 943 and ...

Tags: Oilfield, Metallurgy, Mineral, Energy