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BUSINESS NEWS

 

HEADLINES

- China's Haier net profit jumps 52% on expansion of market share - 28/08/2010

- China, ASEAN see robust trade in Jan-July - 28/08/2010

- China to set up safety system for cosmetics, skin care products - 28/08/2010

- China seeks to build largest regional cooperation platform for mutual development - 28/08/2010

- Shenzhen economy to surpass Hong Kong in the next 5 to 10 years - 19/04/2010

- China's heavy-industry center urged to transform development pattern - 19/04/2010

- Official: Utility prices continue to rise in the second quarter - 19/04/2010

- Banks can refuse third-home loans - 19/04/2010

- Henan's first electric vehicle charging station begins construction - 19/04/2010

- China sets foreign trade goal over next decade - 19/04/2010

- 20 new urban rising stars in China - 14/04/2010

- China faces energy challenges in switch to low-carbon economy - 14/04/2010

- ADB: China's economy to grow 9.6% - 14/04/2010

- China confiscates over 44.32 mln fake invoices in Q1 - 14/04/2010

- Smaller cities offer better bets - 14/04/2010

- China Telecom awarded world's first IPv6 operator certification - 14/04/2010

- China's PMI higher than 55% in March - 13/04/2010

- China's copper consumption to grow 14% this year - 13/04/2010

- China central SOEs number cut down to 126 - 13/04/2010

- China unveils new rules for foreign investment - 13/04/2010

- Facebook plans to enter China - 12/04/2010

- China targets 150 mln 3G users by 2011 - 12/04/2010

- China discovers 3.52 bln tonnes of iron ore in 2009 - 12/04/2010

- Snow: Let China decide on RMB - 12/04/2010

- China reports trade deficit in March, 1st time in 6 years - 12/04/2010

- Public health insurance may cover high-priced medicine - 17/03/2010

- Cosco share sale to fund new ships - 17/03/2010

- China's economy to grow 9.5 pct in 2010: World Bank forecast - 17/03/2010

- Structural adjustment, inflation management key to avert "double dip" - 14/03/2010

- Social insurance a heavy burden for Chinese - 13/03/2010

- Electronics and machinery leading the way - 13/03/2010

- 5 Chinese on Internet billionaire rich list - 13/03/2010

- Chinese leaders underlines scientific development, stability - 12/03/2010

- Chinese leaders stress transforming economic growth mode, fighting corruption - 12/03/2010

- China enhances industrial restructuring for balanced growth - 07/03/2010

- China to build industrial system of low-carbon emissions: Wen's report - 07/03/2010

- China to see 'more trade disputes' this year - 07/03/2010

- China needs more efforts to reach energy saving goal: top planner - 07/03/2010

- Commentary: Can Chinese auto-makers learn from Toyota's crisis? - 03/03/2010

- Super-rich have craze for luxuries - 03/03/2010

- Iron ore imports expected to hit new high in March - 03/03/2010

- Oil companies plan charging stations - 03/03/2010

- China to focus on energy restructure in 2010 - 03/03/2010

- China's 100 key retailing enterprises report falling sales in January - 03/03/2010

- Shanghai, Beijing, Jiangsu China's top-3 economically competitive regions - 02/03/2010

- China remains largest holder of US Treasury securities: report - 02/03/2010

- Economic gap keeps narrowing between China's east, west - 02/03/2010

- China to develop low-carbon economy: top economic planner - 02/03/2010

- China allocates 28.6 bln yuan to support farmers - 02/03/2010

- China's 1st consumer finance company to start operations in March - 26/02/2010

- Ministries design exchange rate stress test for labor-intensive industries - 26/02/2010

- China's energy efficiency improved in 2009: report - 26/02/2010

- China oil company inks gas exploration deal with Thailand - 26/02/2010

- Blaming Chinese currency for global imbalance not right: official - 26/02/2010

- China's economic macro-control to be tested in 2010 - 26/02/2010

- Pressure on yuan rise "not justified" - 26/02/2010

- China to foreign investors: Go west - 25/02/2010

- Overseas direct investment may soar - 25/02/2010

- US became largest seafood buyer from China's Jiangsu province in Jan - 25/02/2010

- Blaming Chinese currency for global imbalance not right: official - 25/02/2010

- China to further adjust and reinvigorate key industries: State Council - 25/02/2010

- China oil giants join hands for Caspian Sea oil field - 24/02/2010

- Cognac becomes 1st foreign geographical indication product protected in China - 24/02/2010

- Largest state-owned steel maker cooperates with No.1 private mill - 24/02/2010

- Copper regains some lost ground - Tuesday - 24/02/2010

- Hong Kong budget focuses on economic recovery - 24/02/2010

- China to open up more credit lines for small businesses - 24/02/2010

- Interview: China takes longer-term perspective to cope with climate change: experts - 24/02/2010

- Chinese become most generous tourists in New York - 23/02/2010

- New energy to become focus of China's strategic emerging industries - 23/02/2010

- China oil giants join hands for Caspian Sea oil field - 23/02/2010

- China demand to lift copper futures - 23/02/2010

- Yuan hits new high against US dollar - 23/02/2010

- Steelmakers yet to reach price deal with global ore firms - 23/02/2010

- China Southern Airlines likely to receive 1.5 bln yuan capital injection - 23/02/2010

- Baosteel to raise steel prices by up to $103 per ton - 22/02/2010

- Solar thermal plant will serve as a model for future enterprises - 22/02/2010

- Latin-Caribbean alliance presents opening for China - 22/02/2010

- China's wind energy industry sees challenges - 22/02/2010

- China's market restrictions to end in 15 years: expert - 22/02/2010

- ZTE, Telefonica to launch "Movistar" handsets in Latin America - 18/02/2010

- China gives international science cooperation award to seven foreign expert - 18/02/2010

- Ministry optimistic about iron&steel industry in 2010 - 18/02/2010

- Japan surpasses China as largest holder of US Treasury securities - 17/02/2010

- RMB is not a cure-all for US economy: IMF - 17/02/2010

- Shaanxi province apple exports rebound as financial crisis effects fade - 17/02/2010

- China, South Korea, Japan to launch joint study on trilateral free trade deal - 17/02/2010

- The change of climate in China-EU economic and trade ties - 16/02/2010

- China's natural gas output rises in 2009, still short of demand - 16/02/2010

- China Telecom joins GSM Association - 16/02/2010

- Nearly 70% of China's exported machinery, electronic products done by foreign-funded firms - 16/02/2010

- China's new bank loans to fall 17% in 2010: JP Morgan Chase analyst - 15/02/2010

- China allocates 37.2b yuan for medical reforms in 2010 - 15/02/2010

- Profits in China's non-ferrous metal sector fall in 2009 despite rising output - 15/02/2010

- Holiday travel rush becomes another source of increasing cost for Chinese companies - 15/02/2010

- China's e-shopping faces choke point during Spring Festival - 12/02/2010

- Rare earth reserve approved - 12/02/2010

- 30 million Chinese booked their holidays online last year - 12/02/2010

- China allocates 3 bln yuan to fund urban students - 12/02/2010

- China's power consumption grows 40 % in Jan. - 12/02/2010

- More Chinese collectors consider art as an investment vehicle - 11/02/2010

- Air China orders 20 Airbus A320s for $1.63 bln - 11/02/2010

- No sweet solution to sugar shortage - 11/02/2010

- China, Costa Rica conclude FTA talks - 11/02/2010

- CNPC clinches deal to develop Iranian gas field - 11/02/2010

- China's 2009 coal imports triple after stimulus increases demand - 11/02/2010

- China reports 1.39 trillion yuan of new loans in January - 11/02/2010

- Copper imports may drop 50% - 10/02/2010

- Raw materials rally drives up stocks - 10/02/2010

- China draws up plans for national renewable energy center - 10/02/2010

- Rate of inflation 'still low' - 10/02/2010

- China overtakes Germany as world top exporter - 10/02/2010

- China issues rules on maritime wind energy projects with stress on environmental protection - 10/02/2010

- China plans to build national renewable energy center: report - 10/02/2010

- Chinese banking regulators win top risk management award in New York - 10/02/2010

- Saudi Arabia, Angola, Iran remain top 3 oil suppliers to China - 10/02/2010

- Chinese vice premier vows new food safety campaign after re-emergence of melamine-tainted milk - 10/02/2010

- One night in Sanya costs more than six days in Maldives - 09/02/2010

- 91% think new rich use govt connections - 09/02/2010

- Reflections on wealth and management from a home-grown private entrepreneur in China - 09/02/2010

- China Eastern Airlines in search for new investors - 09/02/2010

- Steel industry to continue restructuring - 09/02/2010

- Govt to beef up regulation of pre-paid card industry - 06/02/2010

- China strengthens efforts to fight melamine-tainted milk products - 06/02/2010

- China passenger car sales up 84% in January - 06/02/2010

- SAIC posts soaring sales in January - 06/02/2010

- China's fiscal revenue rises 55.8% in Dec. - 05/02/2010

- China's current account balance falls 35% in 2009 - 05/02/2010

- Crude oil imports to increase this year - 05/02/2010

- Convergence moves to bolster investments - 05/02/2010

- Hu's transformation call signals confidence in recovery - 05/02/2010

- China to levy anti-dumping duties on U.S. chicken - 05/02/2010

- Statistics of capital account in 2009 not comparable to 2008: SAFE - 05/02/2010

- China-Africa economic co-op committee founded - 04/02/2010

- Shift to green growth in place - 04/02/2010

- Software industry to enjoy rapid growth thanks to policy support - 04/02/2010

- Green tea in Zhejiang posts annual output value of more than 7 billion yuan - 04/02/2010

- Yuan is becoming a strong regional currency: Russian official - 04/02/2010

- China to focus on a stable exit strategy in 2010: economist - 03/02/2010

- Chinese mills start iron ore talks with miners - report - 03/02/2010

- China firm becomes official sponsor of 2010 World Cup - 03/02/2010

- China's largest tungsten producer reports profit surge - 03/02/2010

- China's foreign trade of electronic information products down in 2009 - 03/02/2010

- Metals slump on demand concerns - 31/01/2010

- China's iron ore import dependency hits 69% - 31/01/2010

- China's wine industry sees opportunity amid global downturn - 31/01/2010

- China's ZET says 2009 profit jumps up to 56 pct on 3G business gains - 31/01/2010

- Industrial output up 11\% in 2009 - 22/01/2010

- China's telecom sector reports 4\% rise in main business revenue in 2009 - 22/01/2010

- Chinese firm gains greater access into auto safety and electronic systems market - 22/01/2010

- China creates 11.02 mln new jobs in 2009 - 22/01/2010

- Sales of China's rural supply co-ops up 15 pct in 2009 - 20/01/2010

- Survey: Economic confidence at record high in Chinese mainland, Taiwan, HK and Macao - 20/01/2010

- China to see robust increase of import oil - 20/01/2010

- Profits of Chinese state-owned enterprises up 9.8 pct in 2009 - 20/01/2010

- China calls on rich nations to deliver on climate pledges - 12/12/2009

- China's imports, exports up 9.8% in November - 12/12/2009

- China's industrial output up 19.2% in November - 12/12/2009

- HSBC facilitates trade settlement using Chinese's Renminbi currency - 11/11/2009

- China-Africa ties benefit both: business leaders - 11/11/2009

- China's energy-saving, environmental protection industry has bright prospect: official - 11/11/2009

- Otis sets up elevator plant in Chongqing - 06/11/2009

- China enterprises index down 0.19% - 06/11/2009

- Rising orders at Canton Fair signals grassroots recovery - 06/11/2009

- China's economy expected to grow faster in 2009: World Bank report - 06/11/2009

- China's home-made auto sales up 77.88% in September - 13/10/2009

- Central government to subsidize foreign patent applications - 13/10/2009

- China to input $69b for West Development in 2009 - 13/10/2009

 

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Trading and Business consulting and services for import-export, sourcing, manufacturing and investment in China.

China passenger car sales up 84% in January
BEIJING, Feb. 6 (Xinhua) -- China's passenger car sales rose 84 percent in January from a year earlier, heavily boosted by minivans, China Passenger Car Association said on Friday.

A total of 1,218,722 cars, sport-utility vehicles, multi-purpose vehicles and minivans were sold in January, an increase of 84.2 percent year on year and 5.1 percent from December, Saturday's China Daily quoted Rao Da, the association's secretary-general, as saying.

The sales boost was largely driven by the minivan segment, which jumped 88.9 percent year on year and 44.4 percent from the previous month. This was mainly a result of subsidies for trade-ins and tax cuts introduced as part of the government's stimulus program.

China's Ministry of Commerce said last week that the vehicle sales this year are forecast to surge a little more than 10 percent from 2009 to more than 15 million.
Posted on 06 Feb 2010 - Source: Xinhua

 

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