Numerical targets to reduce coal and steel production capacity have, for the first time, been set in the annual Chinese government work report. China will reduce steel production capacity this year by around 50 million metric tons and ...
Tags: Steel Capacity, Coal
China's industrial profits showed positive changes in August thanks to policy-level efforts to reduce waste and also to a low base of comparison. But economists hastened to add that uneven growth is seen across sectors, and the country ...
China's industrial profits rose 19.5 percent year on year to 534.8 billion yuan (about 80.3 billion U.S. dollars) in August, official data showed Tuesday. The growth rate was faster than the 11-percent increase registered one month ...
Profits of China's major industrial firms rose 11.1 percent year on year in March, widening from a 4.8 percent growth in the Jan.-Feb. period, official data showed on Wednesday. The profits of major industrial companies with annual ...
Profits of China's major industrial firms fell 1.4 percent year on year in November, narrowing from a 4.6-percent decline posted in October, the National Bureau of Statistics (NBS) said on Sunday. Profits at industrial companies with ...
Tags: Industrial Profit, Decline
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
Profit growth at major Chinese industrial firms slowed to 0.6 percent year on year in May, down 2 percentage points from the pace posted in April, the National Bureau of Statistics (NBS) said on Sunday. Profits at industrial companies ...
China's industrial profits for the first two months of the year declined 4.2 percent year on year, narrowing from the 8-percent decrease seen last December. Profits of Chinese industrial businesses hit 745.24 billion yuan (121.5 billion ...
The profits of Chinese industrial businesses recorded a drop of 2.1 percent year on year, hitting 575.47 billion yuan (94.34 billion U.S. dollars) in October, the National Bureau of Statistics said on Thursday. Profits rose 0.4 percent in ...
Tags: Industrial Profits, product prices
Chinese industrial businesses saw profits rise 9.7 percent year on year in November, slowing from 15.1 percent in October, official data showed on Friday. Total profits of industrial companies with annual revenues of more than 20 million ...
Tags: high-tech industries, Chemicals
A worker examines the gas supply system at a specialty steel plant in Dalian, Liaoning province. From January to October, large industrial enterprises' profits rose 13.7 percent year-on-year. Liu Debi Industrial companies saw their profits ...
Tags: Industrial Sector, Mineral
Industrial Profits from Principal Business Increased from January to October National Bureau of Statistics of China From January to October, the industrial profits of enterprises above designated size achieved 4,626.32 billion yuan, an ...
Tags: economy, Principal Business
Major Chinese industrial firms saw their profits rise 13.5 percent year on year in the first three quarters, a faster pace than the 12.8-percent growth rate in the January-August period, the National Bureau of Statistics (NBS) said on ...
Oil futures traded sharply lower during Monday’s Asian session after a critical economic data point out of China surprised to the downside. On the New York Mercantile Exchange, light, sweet crude futures for November delivery slid ...
Tags: Oil Futures, Mineral
Major steel companies will achieve profits of 20 billion yuan ($3.25 billion) for the year, more than a tenfold increase on last year, even though the industry faces problems, including overcapacity and rising costs, a leading industry ...
Tags: Construction, steel