China's mechanical industry developed rapidly last year, buoyed by the fast-growing auto and electrical appliance segments, China Machinery Industry Federation said Thursday. The auto sub-sector contributed nearly 60 percent of the ...
Lenovo has announced results for its third fiscal quarter ended December 31, 2016. Quarterly revenues were US$12.2 billion, a 6% decrease year-on-year. Third quarter pre-tax income was US$101 million, a 68% decline year-on-year. Net income ...
Tags: Lenovo, smart devices
Great Wall Motor Co Ltd, one of the major sport utility vehicle manufacturers in China, plans to launch its first high-end SUV brand in May, aiming to further expand its market share. The model will be equipped with competitive ...
Tags: High-End SUV, Great Wall, SUV
The UK new car market achieved a 12-year high in January, according to figures published by SMMT. 174,564 vehicles left showrooms last month – a 2.9% year-on-year uplift and the highest level since 2005. Significantly, however, the ...
Tags: Car Market
The major problems facing China's agricultural sector are structural ones, mainly on the supply side, according to the document by the Central Committee of the Communist Party of China and the State Council. The document calls for ...
Amid the country's effort to build a greener energy system, the country's raw coal production by its large-size coal companies continued to decline in 2016. Combined raw coal production from the country's designated large coal companies ...
Tags: Coal Production, Coal
The exponentially expanding appetite of Chinese mainland capital for international real estate assets reached a record high in 2016-and is likely to continue to play a significant role in the global property market in the next few ...
Tags: real estate assets
China's retail sales of consumer goods, a key indicator of consumption, grew 10.4 percent year on year in 2016, the same as the first three quarters, official data showed Friday. Retail sales grew 9.6 percent year on year after deducting ...
Tags: consumer goods, catering industry
Major Chinese miner Shenhua Group's commercial coal production in December reached 25.30 million mt, up 0.4% year on year, the company said Sunday. Coal sales rose 4.8% year on year to 34.7 million in December, of which sales of ...
Tags: commercial coal, coal
Shandong Province in east China set a new record of exporting farm products worth 107.5 billion yuan (about 15.6 billion U.S. dollars) in 2016, according to the provincial government. Shandong has been the country's top agricultural ...
China aims to increase domestic crude oil output to 200 million tonnes by 2020, while supply capacity for natural gas should exceed 360 billion cubic meters, according to plans published Thursday. China will add 1 billion tonnes of proven ...
China imported 26.84 million mt of coal in December, including lignite, thermal and metallurgical material, down 0.5% from November but up 52.2% year on year, according to preliminary data released Friday by China's General Administration ...
Tags: Coal Imports, Coal
Phosphor export values of Changshu, a city located in Jiangsu Province in China, reportedly tumbled 55% Year-on-Year in 2016, based on data compiled by local customs agency, reported Chinese-language media China News Service. LED phosphor ...
Tags: LED Phosphor, LED
The Entertainer has smashed sales during the Christmas 2016 trading period, the retailer has revealed. In the five weeks leading up to December 31st 2016, the company reported an increase in total sales of 13.5 per cent, with December ...
Tags: Entertainer, Cyprus
Global forklift market has continued to grow since 2013 with sales exceeding 1 million units for the first time in 2014 and reaching 1.064 million units in 2015 (up 3.5% year on year), largely driven by the growth in U.S. and European ...