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China Daily Website

  • China's offshore financial assets at $4.126t

    2011-05-30 11:00

    China's external financial assets expanded 19 percent from a year earlier to $4.126 trillion by the end of 2010, boosted by its increased foreign exchange reserves and overseas investment.

  • Home appliance retail sales slow in April

    2011-05-28 13:31

    China's biggest home appliance retailers reported slower growth in April, with a year-on-year increase of 18.5 percent, according to the Ministry of Industry and Information Technology (MIIT).

  • China's art market up 41% in 2010

    2011-05-28 11:23

    China's art sales reached 169.4 billion yuan ($26 billion) last year, up 41 percent from 2009, according to an annual report on the art market.

  • Industrial businesses' profits up 29.7%

    2011-05-27 13:58

    The profits of China's industrial businesses rose 29.7 percent in the first four months of this year over the same period last year to 1.49 trillion yuan ($229.11 billion), the National Bureau of Statistics announced Friday.

  • China to invest 6.2t yuan in transportation

    2011-05-26 16:09

    China plans to spend 6.2 trillion yuan ($954 billion) to upgrade its transportation infrastructure during its 12th Five-Year Plan period (2011-2015), an official said Thursday.

  • China's April lottery sales up 32.2%

    2011-05-26 13:31

    China's April lottery sales rose 32.2 percent year-on-year to 18.65 billion yuan ($2.87 billion), the Ministry of Finance (MOF) announced Thursday.

  • Financial leasing firms' assets hits 364b yuan

    2011-05-25 17:47

    China's financial leasing industry has reported rapid growth in recent years, as the total assets of the country's 17 financial leasing companies jumped to 364 billion yuan ($56 billion) at the end of March this year.

  • China's cell phone users exceed 900m

    2011-05-25 09:26

    China's cell phone user grew by 41.39 million in the first four months of 2011 to 900.39 million in total, covering nearly two-thirds of the nation's population, according to the Ministry of Industry and Information Technology (MIIT).

  • China's current account posts surpluse in Q1

    2011-05-24 15:49

    China posted surpluses under both the current account and capital and financial account in the first quarter, according to data released by the State Administration of Foreign Exchange (SAFE) on Tuesday.

  • Macao's MICE events down 19% in Q1

    2011-05-31 13:05

    There were a total of 267 MICE (Meetings, Incentives, Conventions and Exhibitions) events held in Macao in the first quarter of 2011, 19.33 percent down from a year earlier, according to the figures released on Monday by the city's Statistics and Census Service (DSEC).

  • Macao's residential mortgage loans down 18.8% in Q1

    2011-05-31 13:05

    Macao banks approved some 8.5 billion patacas ($1.06 billion) of new residential mortgage loans (RMLs) in the first quarter of 2011, down 18.8 percent over the fourth quarter of 2010.

  • Macao's economy expands by 21.5% in Q1

    2011-05-31 11:41

    Spurred by favorable performance of the gaming sector, Macao's Gross Domestic Product (GDP) for the first quarter of 2011 grew by 21.5 percent year-on-year, according to the figures released on Monday by Macao's Statistics and Census Service (DSEC).

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