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China Daily Website

  • China's spending on water conservation doubles

    2011-01-31 17:08

    China's central government spent 365.5 billion yuan ($55.38 billion) on water conservancy during the past five years, more than double the amount spent during the 2001-2005 period, the Ministry of Finance announced on Jan 31.

  • Guangdong '10 foreign trade up 30%

    2011-01-31 15:23

    South China's Guangdong province generated $784.66 billion in foreign trade in 2010, rising 28.4 percent year-on-year, the local customs house said on Jan 31.

  • Shandong sells more farm produce abroad

    2011-01-31 15:18

    East China's Shandong province exported $13.95 billion of farm produce in 2010, up 31.3 percent year-on-year, the local customs house said on Jan 31.

  • Tibet's 2010 retail sales up 19%

    2011-01-31 13:45

    China's Tibet autonomous region generated 18.1 billion yuan ($2.7 billion) in retail sales in 2010, up 18.7 percent year-on-year, the regional statistics bureau said on Jan 31.

  • China's 2010 land supply for affordable housing jumps 124%

    2011-01-30 09:18

    China's land supply for affordable housing in 2010 soared 124.5 percent year on year amid the country's robust demand for affordable housing, said officials with the Ministry of Land and Resources (MLR) Saturday.

  • Chinese banks' 2010 forex surplus tops $398b

    2011-01-28 14:37

    China's foreign exchange watchdog said Thursday that the surplus of Chinese banks' foreign exchange purchases to sales in client transactions increased 51 percent through 2010 to stand at $397.7 billion at year-end.

  • China's coal imports up 31% in 2010

    2011-01-27 10:55

    China imported 164.83 million tons of coal in 2010, up 30.99 percent on the previous year and coal exports declined 15.03 percent for the same period to 19.03 million tons, the Beijing News reported Thursday, citing data from the nation’s top economic planner.

  • China's telecom sector reports moderate earnings

    2011-01-27 10:15

    China's telecommunications service rose 20.5 percent year-on-year to 3.1 trillion yuan ($470.57 billion) in 2010 despite an overall price decrease of 11.7 percent, the Ministry of Industry and Information Technology (MIIT) said Wednesday.

  • Huarong's 2010 net profit surges 146%

    2011-01-27 10:14

    China Huarong Asset Management Corp (Huarong) announced Wednesday that its 2010 net profit soared 146 percent year on year.

  • Commercial banks' bad loans fall in 2010

    2011-01-27 10:04

    China's banking watchdog said Wednesday Chinese domestic commercial banks' balance of non-performing loans (NPL) decreased 14 percent through 2010 to stand at 429.3 billion yuan ($65.17 billion) at year-end.

  • Datang Power loses 110m yuan in 2010

    2011-01-26 15:13

    Datang International Power Generation Co Ltd (Datang Power) reported a 110 million yuan ($16.7 million) deficit last year, and sources said the deficit is a result of the high cost of thermal power generation, the 21st Century Business Herald reported Wednesday.

  • Concerns grow as Shanghai GDP trails national average

    2011-01-26 13:20

    Shanghai's GDP growth in 2010 fell behind the national average for the third successive time, raising concerns over the development outlook of the eastern financial hub that has the biggest city economy in China.

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