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China's H1 Tax Revenue up 6.3%

Jul 28, 2015

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

Central SOEs Deliver Strong Performance in H1

Jul 28, 2015

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

24 out of 26 Provinces See Increase in GDP Growth

Jul 27, 2015

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

China's Industrial Profits Down 0.3% in June

Jul 27, 2015

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

China's New Yuan Loans Hit 6.56 Trillion Yuan

Jul 14, 2015

China's new yuan-denominated lending reached 6.56 trillion yuan (1.07 trillion U.S. dollars) in the first half of this year, the central bank said Tuesday. The volume was 537.1 billion yuan more than that in the same period of last year, ...

Tags: New Yuan Loans, People's Bank of China

Chinese Shares Rally to Regain 4,000-Point Mark

Jul 13, 2015

Chinese shares continued to rally on Monday, with the benchmark Shanghai index jumping more than 3 percent in the afternoon trading session to regain the 4,000-point psychological mark. The smaller Shenzhen Component Index advanced about ...

Tags: Chinese shares, benchmark Shanghai index

COTTON USA Announced Its First Retail Partnership with Shoppers Stop

Jul 13, 2015

COTTON USA, the trademark ingredient brand of Cotton Council International (CCI), has announced its first retail partnership with India’s leading fashion retailer - Shoppers Stop. COTTON USA and Shoppers Stop will conduct a month-long ...

Tags: textile manufacture, cotton fabrics, cotton-rich apparel

China's Online Retail Market Grows Fast

Jul 13, 2015

It's reported that China's online shopping market has grown rapidly in the recent years. Chinese stores are extremely popular among online shoppers, who have come to a realization that Chinese clothes, shoes, electronics or gadgets may be ...

Tags: online shopping, online retail

China's June PPI Down 4.8%

Jul 10, 2015

China's producer prices continue to fall in June, a sign of prolonged weakness of demand, data from the National Bureau of Statistics showed on Thursday. The producer price index, a measure of costs for goods at the factory gate, fell 4.8 ...

Tags: China's producer prices, PPI

China Expects More Transport Investment

Jul 10, 2015

The Chinese transport sector is poised to attract 2.6 trillion yuan ($425 billion) of investment for this year as authorities strive to accelerate infrastructure construction. "The transport sector showed signs of improvement in the first ...

Tags: transport sector, infrastructure construction

China's Top 100 Retailers Saw Combined Sales Jump 26.2 Percent Year on Year

Jul 10, 2015

China's top 100 retailers saw combined sales jump 26.2 percent year on year to 3.37 trillion yuan (544 billion U.S. dollars) in 2014, an industry association official said Thursday. Wang Yao, vice president of China General Chamber of ...

Tags: e-commerce, Online sales, online-sales growth, physical stores

Chinese Economy Shows Positive Signs

Jul 7, 2015

Multiple economic indicators in recent months suggest the Chinese economy is over the worst as pro-growth and reform measures take effect, according to the National Bureau of Statistics (NBS). "Positive changes are occurring due to ...

Tags: Chinese Economy, Positive Signs

China Confident of Stabilizing Capital Market

Jul 6, 2015

China is capable and confident it can maintain the capital market stable and sound, said a commentary of People's Daily, the flagship newspaper of the Communist Party of China (CPC). Since mid-June, the benchmark Shanghai Composite Index ...

Tags: Capital Market, stock market

China's Wealth Fund Posts Lower Returns

Jul 4, 2015

The overseas investment returns of the nation's sovereign wealth fund sank last year amid a fragile world economy and soft commodity prices, according to figures released on Friday. China Investment Corp said that net annual returns on ...

Tags: overseas investment returns, wealth fund

Central Bank Extends 250 Bln Yuan of MLF

Jul 4, 2015

The People's Bank of China (PBOC), China's central bank, extended a 6-month medium-term lending facility (MLF) worth 250 billion yuan (over 40 billion U.S. dollars) at an interest rate of 3.35 percent to 11 banks on Friday. The extension ...

Tags: People's Bank of China, central bank, medium-term lending facility