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Business / Industry Watch

Beijing's land sales surge in first half

[2014-06-30 14:35]

Beijing's land sale revenue in the first half of this year surged by 71 percent from over a year ago, despite the cooling property market.

Beijing new home sales hit 9-year low

[2014-06-30 13:11]

Sales of newly built home sales in China's capital have slumped this year by 48.8% year-on-year, hitting the lowest mark since 2005.

Beijing-Shanghai high-speed railway sees 220m trips

[2014-06-30 09:46]

Data released Sunday by China's railway authorities showed that train trips on the Beijing-Shanghai high-speed railway had surpassed 220 million since its debut three years ago.

Banks raise record $14b offshore

[2014-06-24 07:07]

Chinese lenders have raised a record amount of funds offshore so far this year, and that trend is set to continue as banks replenish capital to meet regulatory requirements, analysts said.

China to pay 20% of global energy outlay

[2014-06-19 20:16]

China is expected to invest around $5.7 trillion in energy supply between this year and 2035, accounting for 15 percent of global investment in the sector.

Chinese SOEs Jan-May profits improve

[2014-06-19 17:31]

China's State-owned enterprises (SOEs) saw faster growth in profits in the first five months of 2014 than in the January-April period, adding to signs of a stabilizing economy.

Home prices in more cities start to fall

[2014-06-18 09:57]

China's property sector continued to show signs of cooling in May, with new home prices in half of 70 major cities reporting month-on-month drops.

Iron ore production may scale new peak

[2014-06-17 07:03]

Production of iron ore in China, the world's biggest consumer of the key steelmaking ingredient, will climb to a record this year as bigger mines open.

Beijing housing sales slump 35%

[2014-06-17 09:58]

Home sales in Beijing slumped 34.9 percent year on year in the first five months of the year, a sign of cooling in property sector.

China's property climate index drops in May

[2014-06-13 14:43]

China's property development climate index dropped 0.77 points from April to 95.02 points in May, the National Bureau of Statistics (NBS) said on Friday.

China's fixed-asset investment growth slows

[2014-06-13 14:37]

China's fixed asset investment surged 17.2 percent year on year to 15.37 trillion yuan ($2.5 trillion) in the first five months, the National Bureau of Statistics said Friday.

China's industrial output accelerates

[2014-06-13 14:34]

China's industrial production expanded at faster pace in May, adding to signs for a stabilizing economy, according to the National Bureau of Statistics (NBS) on Friday.

Services sector falls to four-month low

[2014-06-05 14:16]

An indicator of China's non-manufacturing sector in May fell to a four-month low, bucking a trend seen in other purchasing managers' index (PMI) data that showed a stabilizing economy.

China steel output continues to rise, prices fall

[2014-06-03 09:13]

China's steel output continues to rise and prices of steel products have kept falling, underlining difficulties to ease overcapacity in the sector.

China's machinery industry sustains mild recovery

[2014-05-30 10:48]

China's machinery industry has sustained mild recovery since last year but some key indices are showing signs of retreat, moderating any optimism.

Industrial profit growth slows

[2014-05-29 06:52]

China's industrial profit gains in April slowed, dragged down by a slump in the electronics, power and wine industries. Experts say May figures are likely to be better, with vehicle sector standing out.

China's logistics growth further slows

[2014-05-27 09:01]

The growth of China's logistics industry continued to slow in the first four months of 2014 due to shrinking demand amid an economic slowdown.

Home prices drop in more Chinese cities

[2014-05-19 09:23]

China's property sector showed new signs of cooling in April, with more Chinese cities reporting month-on-month drops in prices and fewer cities reporting gains.

Travel boom reshapes spending

[2014-05-15 07:28]

Chinese consumers' spending on dining, hotels and entertainment has surged more than 60 percent in the past three years because of increased overseas travel, a report said on Wednesday.

China's logistics growth to slow: report

[2014-05-15 15:27]

China's logistics industry will grow at a slower pace this year, following a period of industrial restructuring and weak economic growth.

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