On November 29, the joint venture (Dongfeng Smith) of Chinese commercial vehicle manufacturer Dongfeng and German Smith completes the foundation-laying ceremony in Wuhan Economic and Technology Zone. The JV is another important step of ...
China's Yuan has surpassed the EURO to become the world's 2nd-most widely used currency in global trade finace, China Daily reported. The yuan captured an 8.66% share of letters of credit and collections in October, while the euro's was ...
In November this year, the average prices of new residential housing in 100 cities in China rose by 0.68 percent month on month to RMB 10,758 per square meter, as announced on December 1 by the China Index Academy, a Beijing-based real ...
Tags: Residential Housing, Construction
China and Britain have agreed to enhance cooperation in areas including high-speed railway, nuclear power and finance, Chinese Premier Li Keqiang said on Monday. Li told a joint press briefing with visiting British Prime Minister David ...
Tags: high-speed railway, nuclear power
Currently 80 percent of sapphire applications are used in sapphire substrate while the other 20 percent is for non-substrate materials, according to Chinese-language online media Finance.com.cn estimations. Sapphire that is used in ...
For LED outdoor display manufacturers in the lower rung of the industry competitiveness will be supported by three cores: their ability to obtain resources, innovative technology and creative strategy. The extent of control and balance over ...
Tags: Outdoor LED Display, LED Lighting
November 24th witnessed the holding of the unveiling ceremony of “National Recognized Enterprise Technology Center & Product Development Technological Center” in front of Jiangling Motors Co., Ltd. (“JMC”) product ...
Tags: technology, JMC
According to report from China Iron & Steel Association, the 86 members steel mills’ October profit dropped to RMB 1.716 billion, down by 47.5% from September of RMB 3.266 billion, the highest in the year. 18 members reported losses ...
Tags: overcapacity, iron and steel, profit
On November 28, Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group Co. (JISCO) announced that it plans to issue medium-term notes worth RMB 3.8 billion ($622.9 million) on December 5. This will be the company’s first ...
Tags: steelmaking, metallurgy
Bosideng International Holdings Limited the largest down apparel company in mainland China, is pleased to announce its unaudited interim results for the six months ended September 30, 2013. Financial review For the six months ended ...
Tags: Bosideng Group, Down Apparel
In the January-October period this year, the aggregate gross profits of large and medium-sized industrial enterprises in China amounted to RMB 4.62632 trillion ($755.9 billion), increasing by 13.7 percent year on year, according to data ...
Tags: Mineral, ferrous metal
In October this year, the aggregate sales revenues of large and medium-sized steel enterprises in China amounted to RMB 309.144 billion ($50.74 billion), increasing by 0.96 percent month on month, while their aggregate gross profit totaled ...
Tags: Mineral, Steel Enterprises
Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., has announced that 1.996 billion of its shares were issued to Chongqing Steel Group on November 25, marking the ...
Tags: Chongqing Steel, Mineral
Shandong Province-based Chinese steelmaker Shandong Iron and Steel Co. (Shandong Steel) announced on November 26 that it plans to sell its 80 percent stake in Jinan Steel International Trade Co. (Jigang International Trade) and its 100 ...
Tags: Shandong Steel, sell, asset, RMB, million
Shanxi Coking Group Company Ltd (Shanxi Coking Group), Shanxi Province-based Chinese coke producer Shanxi Coking Co., the listed subsidiary of Shanxi Coking Group Company Ltd (Shanxi Coking Group), announced on November 25 that it has ...