Business Performance

China’s SOEs to Join Import Expo, Seek Overseas Partners, SASAC Says

China’s SOEs to Join Import Expo, Seek Overseas Partners, SASAC Says

China’s central government-owned enterprises will  take an active part in the China International Import Expo to be held in Shanghai in November and will organize…

Apr 16, 2018
Tang Shihua
 China's Fund Industry Maintain Cautious Optimism About Returns This Year

China's Fund Industry Maintain Cautious Optimism About Returns This Year

Investors pursue a wait-and-see policy about China’s funds due to the weak performance of the A-share market early this…

Mar 29, 2018
Xie Danmin
WeChat Sees 10% Jump in People Sending Digital Red Envelopes Over Chinese New Year

WeChat Sees 10% Jump in People Sending Digital Red Envelopes Over Chinese New Year

WeChat, Tencent Holdings Ltd.’s vastly popular lifestyle app, has become a key tool for those wanting to send New Year’s greetings as well as red packets,…

Feb 22, 2018
Tang Shihua
China E-Commerce Lifts Express Parcels 80% to 4 Billion in January, Post Bureau Says

China E-Commerce Lifts Express Parcels 80% to 4 Billion in January, Post Bureau Says

China’s courier companies delivered 4 billion parcels last month -- up 80 percent from a low base during last year’s…

Feb 13, 2018
Tang Shihua
1.39 Billion Travelers Engaged in Forest Tourism in China Last Year, Forestry Agency Says

1.39 Billion Travelers Engaged in Forest Tourism in China Last Year, Forestry Agency Says

Some 1.39 billion travelers engaged in forest tourism in China last year, per statistics the country’s State Forestry Administration released today.

Jan 26, 2018
Zhang Ke
Panicky in the Mobile Internet Era, Baidu Is Placid in the AI Age, Founder Says

Panicky in the Mobile Internet Era, Baidu Is Placid in the AI Age, Founder Says

Baidu Inc. took a walloping when the mobile Internet era arrived. The advent of the age of artificial intelligence has,…

Jan 22, 2018
Lai Shasha
Yiwu China Commodity City Pushes Region’s Import Growth Past National Average

Yiwu China Commodity City Pushes Region’s Import Growth Past National Average

Yiwu China Commodity City, the source of most tourism souvenirs in China, has upgraded in recent years to become an international trading hub for commodity experts the world over.

Jan 22, 2018
Yicai Global
China Takes Crown as Largest Auto Market for Ninth Straight Year

China Takes Crown as Largest Auto Market for Ninth Straight Year

China’s new vehicle sales climbed 3 percent to a new high of almost 28.9 million units last year to retain its spot as the world’s top car seller.

Jan 22, 2018
Tang Shihua
Huawei Targets Over USD100 Billion Annual Sales for First Time

Huawei Targets Over USD100 Billion Annual Sales for First Time

China’s leading smartphone maker Huawei Technologies Co. set its annual global sales target at a record-high USD102 billion this year.

Jan 19, 2018
Tang Shihua
China’s Book Sales Rose 14% Last Year, Driven by E-Commerce

China’s Book Sales Rose 14% Last Year, Driven by E-Commerce

China’s book market saw sales increase 14.5 percent annually last year reaching CNY80.3 billion (USD12.3 billion), driven by a 25.8 percent surge in online bookstore revenues.

Jan 12, 2018
Tang Shihua
Rise of Middle Class May Drive Mid-Range, High-End Car Market Growth, Expert Says

Rise of Middle Class May Drive Mid-Range, High-End Car Market Growth, Expert Says

The market for mid-range and high-end cars in China is poised to grow with the rise of the middle class,…

Jan 9, 2018
Li Suwan
GM’s Annual China Sales Top 4 Million Units for First Time on New Rollouts

GM’s Annual China Sales Top 4 Million Units for First Time on New Rollouts

General Motors Co. [NYSE:GM] and its joint ventures sold more than 4 million vehicles in China for the first time…

Jan 5, 2018
Tang Shihua