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The stronger-than-expected 46 percent year-on-year growth in exports during February this year has sparked speculation that the nation may start revaluing the yuan later this month.

Agricultural Bank of China (ABC) has seen a 26.3 percent surge in its net profit for 2009 as the country's third-largest lender reaped gains from the country's rapid credit expansion and reform of its rural operations, said its chairman Xiang Junbo.

Real estate prices in February rose at the fastest pace in almost two years, adding urgency to the government's efforts to rein in speculation and increase the amount of affordable housing.

Real estate prices in February rose at the fastest pace in almost two years, adding urgency to the government's efforts to rein in speculation and increase the amount of affordable housing.
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Housing a happy society

Chongqing Changan Automobile Co, Ltd (Changan), one of China's biggest carmakers, Tuesday reported its net profit surged by 4,323.36 percent last year.

China State Construction Engineering Corp (CSCEC), the largest contractor in China, said Wednesday that house sales revenue totaled 6.5 billion yuan ($953 million) in January and February, up 71.5 percent from the first two months last year.

Iron ore imports by China, the largest buyer, rose 6 percent in February, strengthening the ability of BHP Billiton Ltd, Rio Tinto Group and Vale SA to ask for higher prices.

Copper imports by China, the world's largest consumer, increased 10 percent in February from the previous month on sustained demand.

China's foreign trade posted a 45.2 percent year-on-year growth in February, the General Administration of Customs (GAC) announced Wednesday.
China's export recovery adds pressure to pare stimulus measures

COFCO Property, a leading real estate developer in China, said Wednesday its net profit for 2009 jumped 163 percent year-on-year to 373.5 million yuan ($54.69 million) on sales boom.