China Industry & Market News by Made-in-China.com

Offers for China's Domestic Spot Aluminum Alloy ADC12 Remained Generally Steady

Oct 31, 2013

Offers for China's domestic spot aluminum alloy ADC12 remained generally steady Tuesday, while the physical demand stayed healthy after the pickup seen the previous week, industry sources said. Domestic offers were heard around Yuan ...

Tags: Chemicals, aluminum, aluminum alloy, Metallurgy, Mineral

CAMC Also Welcomes a Steady Upward Trend in Overseas Market Compared to Prior Years

Oct 31, 2013

As CAMC gets recovery in Chinese market since the beginning of this year, CAMC also welcomes a steady upward trend in overseas market compared to prior years. Among all overseas market, Southeast Asia stands out. There are several Southeast ...

Tags: Truck, Transportation

Fuyao Glass Industry Group Will Set up Production Bases in The United States and Russia

Oct 31, 2013

Fuyao Glass Industry Group, China's largest automobile glass manufacturer, said on Wednesday it will invest $420 million to set up production bases in the United States and Russia, in a further step to tap into high-end overseas markets. ...

Tags: Glass, Transportation, Auto Parts

JAC Gallop's Gallop 6X2LNG Tractor Wins The Champion for Fuel Saving Award

Oct 31, 2013

Recently, the sixth China International Truck Fuel Saving Competition is grandly held in Beijing. JAC Gallop sends its Gallop 6X2LNG tractor to take part in the competition and finally wins the champion for fuel saving award. It is the ...

Tags: Truck Fuel, Energy

Wuxi Plans to Invest $139m to Expand Production Capacity

Oct 31, 2013

Bridgestone (Wuxi) Tire, a group company of Japanese tiremaker Bridgestone, is set to invest CNY852m ($139m) to expand production capacity at its passenger car radial tire plant in Wuxi, Jiangsu Province, China. This move by the tiremaker ...

Tags: Bridgestone, Passenger Car

Dongfeng Releases Its Quarter Report:From January to September

Oct 31, 2013

Dongfeng releases its quarter report: from January to September, the net profit is 24.44 million yuan, up by 34.37% year on year with EPR 0.0122 yuan. In the first three quarters, the company achieves business revenue 14.496 billion yuan, ...

Tags: Transportation, truck, Auto Parts

Textiles and Other Fibre Products Have Recovered This Year According to PCI

Oct 31, 2013

After disappointing growth in textile and apparel trade in 2012, international volumes in apparel, textiles and other fibre products have recovered this year. Based on an analysis of merchandise in all fibre types, natural and manmade ...

Tags: Fibres, Apparel Trade

Voestalpine AG Plans to Build 15 New Plants with an Investment of EUR 450 Million in China

Oct 30, 2013

voestalpine AG plans to build 15 new plants with an investment of EUR 450 million in China by 2020, which include a special profile plant in neighbouring Shanghai, an automotive steel plant in Qinhuangdao and the second rail steel plant ...

Tags: steel, Construction

Aeon Group From Japan Has Inked Agreement with a Local Partner in Suzhou City

Oct 30, 2013

Aeon Group from Japan has inked agreement with a local partner in Suzhou City, Jiangsu Province, east China, settling down AEON MALL in the Suzhou High-tech Zone. As agreed, Aeon Group will build up super large shopping center AEON MALL ...

Tags: service, AEON MALL

Compensate Chinese Telecom Equipment and Network Solution Provider Huawei

Oct 30, 2013

US-based Interdigital, Inc. (IDCC) has been required by a court in the Chinese mainland to compensate Chinese telecom equipment and network solution provider Huawei Technologies Co., Ltd. for monopoly with CNY 20 million. A court in ...

Tags: Huawei, Electronics

Shagang Group Announced That Its Operating Revenue Amounted to RMB 7.96 Billion

Oct 30, 2013

Jiangsu Province-based Chinese steelmaker Shagang Group announced that in the January-September period of the current year its operating revenue amounted to RMB 7.96 billion ($1.3 billion), down 11.78 percent year on year. Meanwhile, its ...

Tags: steel

CFLP Announced That in The First Nine Months China's Logistics Recorded a 9.5 Percent

Oct 30, 2013

On October 28, the China Federation of Logistics and Purchasing (CFLP) announced that in the first nine months of this year China's logistics sector recorded a 9.5 percent year-on-year rise in the total value of goods transported to RMB ...

Tags: Transportation, logistics

China's Total Value of Social Logistics Goods Hit CNY 145.7 Trillion

Oct 30, 2013

China's total value of social logistics goods hit CNY 145.7 trillion in the first three quarters of this year based on comparable prices, growing 9.5% over a year earlier, according to China Logistics Information Center on October 28. ...

Tags: Social Logistics Goods, Service

Shantui Construction Machinery Gained CNY 2.4 Billion Incomes in Q3

Oct 30, 2013

Shantui Construction Machinery gained CNY 2.4 billion incomes in the third quarter and CNY 8.18 billion incomes in the first three quarters, up 5.21% and 1.23% year on year. The company profited CNY 33.31 million net profits in the first ...

Tags: Construction Machinery, Processing Machinery

Softbank Held a 35% Stake in PPTV and Other Parties Including SBCVC 22.86%

Oct 30, 2013

Video service provider PPTV, Suning Commerce Group Co., Ltd. (SZSE: 002024), Hony Capital jointly declared that the latter two will put USD 420 million strategic investment in the former, being the biggest like investment ever kicked off by ...

Tags: Suning, PPTV