BEIJING, March 27 (Xinhua) — China\’s software and information technology service industry reported steady growth in revenue and profits in the first two months of 2023, data from the Ministry of Indu
Tag: billion
China\’s non-financial outbound direct investment surges in Jan-Feb
BEIJING, March 27 (Xinhua) — China\’s non-financial outbound direct investment (ODI) surged 35.7 percent year on year to 136.04 billion yuan in the first two months of the year, official data showed M
China\’s industrial profits decline in first 2 months but expect recovery
BEIJING, March 27 (Xinhua) –China\’s major industrial firms experienced a decline in profits during the first two months of this year, however there are signs of recovery in sight as demand continues
China CITIC Bank net profit up 11.61 pct in 2022
BEIJING, March 26 (Xinhua) — China CITIC Bank, one of China\’s joint-stock commercial banks, reported net profit growth of 11.61 percent in 2022.The bank raked in 62.1 billion yuan (about 9.1 billion
Profits of China\’s home appliance sector surge 19.9 pct in 2022
BEIJING, March 25 (Xinhua) — China\’s home appliance sector logged robust growth in 2022, with its profits soaring 19.9 percent year on year, industry data shows.During the period, the sector\’s combin
Germany\’s Bosch launches R&D, manufacturing site in east China city
NANJING, March 26 (Xinhua) — Germany\’s Bosch Group broke ground on its R&D and manufacturing site for new energy vehicle core components and automated driving on Saturday in Suzhou, east China\’s Jian
Shanxi sees robust growth in trade with B&R countries in Jan-Feb
TAIYUAN, March 24 (Xinhua) — North China\’s coal-rich province of Shanxi saw 18.3 percent year-on-year growth in trade with countries along the Belt and Road (B&R) in the first two months of 2023, loc
Private enterprises strive to develop manufacturing industry in Zhejiang, E China
An industry robot works at the analysis and testing center of Konfoong Materials International Co., Ltd. in Ningbo, east China\’s Zhejiang Province, March 21, 2023. (Xinhua/Weng Xinyang)Private enterpr
Yidu in C China\’s Hubei turns citrus fruits into industrial chain worth over 10 bln yuan
Photo shows a citrus fruit national park in Yidu city, central China\’s Hubei Province. (Photo/Chen Dandan)Yidu city in central China\’s Hubei Province is a major citrus fruit producing area in the coun
China remains Germany\’s most important market for combustion engine cars: Destatis
BERLIN, March 23 (Xinhua) — China remained the most important market for German combustion engine cars in terms of volume in 2022 with a share of 14 percent, the Federal Statistical Office (Destatis)