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China Daily Website

  • China's Jan-Feb ODI up 13.1%

    2011-03-22 11:00

    China's outbound direct investment (ODI) in the non-financial sector saw an increase of 13.1 percent year-on-year to $5.27 billion in the first two months, the Ministry of Commerce (MOC) announced Tuesday.

  • China's yuan advances to new high

    2011-03-22 10:59

    The Chinese currency, or the yuan, on Tuesday strengthened 40 basis points to a new high of 6.5592 per US dollar from Monday.

  • Hong Kong's 2010 GDP up 6.8%

    2011-03-22 10:43

    Hong Kong's gross domestic product (GDP) went up 6.8 percent in real terms in 2010 year-on-year, the city's Census & Statistics Department announced Monday.

  • Macao's inflation hits 4.7% in Feb

    2011-03-21 17:42

    Macao's inflation hike continued as the Composite Consumer Price Index (CPI) for February this year went up by 4.7 percent over the same period of last year, according to the figures released Monday by the city's Statistics and Census Service (DSEC).

  • Changing the face of modern finance

    2011-03-21 14:45

    Traditionally seen as the person who watches over the company's cash, finance chiefs are seeing their job scopes expanding, with finance also now overseeing projects in other departments across the companies.

  • Report reveals dangers of pyramid selling

    2011-03-21 13:54

    Online pyramid selling, an illegal and fraudulent method of business, lured more than 40 million people involving some 6 billion yuan ($913 million) in 2010 alone, a recent report reveals.

  • Kweichow Moutai net profit up 17.13%

    2011-03-21 13:12

    Renowned Chinese liquor producer Kweichow Moutai Co Ltd announced Monday its annual net profit in 2010 rose 17.13 percent year-on-year on strong market demand.

  • Home prices in China continued to rise in Feb

    2011-03-18 13:40

    Home prices in most major Chinese cities continued to rise month on month in February despite government efforts to cool the property market, according to the National Bureau of Statistics (NBS) Friday.

  • Hong Kong sees lowest unemployment rate in over two years

    2011-03-18 11:15

    Hong Kong's seasonally adjusted unemployment rate fell to 3.6 percent in December-February quarter, the lowest level since July-September 2008, the official data released on Thursday showed.

  • Hong Kong's exports up 20.7% in January

    2011-03-18 11:14

    Hong Kong's total exports of goods rose 20.7 percent year on year in January, and the re- exports of goods grew 21.4 percent, the authority announced on Thursday.

  • Profits from SOEs in China up in Jan-Feb

    2011-03-18 09:40

    Profits from State-owned enterprises (SOEs) in China have reached 331.65 billion yuan ($49.5 billion) in the first two months of the year, up 29.4 percent from the same period of last year, the Ministry of Finance said Thursday.

  • China iron ore imports to rise 6% in 2011

    2011-03-17 15:17

    China's iron ore imports are expected to rise 6 percent, or by 40 million tons, this year from 2010 on the back of higher steel output, an official from China's mining association said on Thursday.

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