Production And Sales of Vehicles Soar over 20%
Auto production and sales in China surged more than 20 percent to a record 8.8 million units in 2007, despite sales weakening in global markets, an industry group said yesterday.China's auto makers rolled out 8.88 million motor vehicles last year, up 22.02 percent from a year earlier, according to t...
+ More2007 trade surplus hits new record - $262.2B
China's trade surplus surged 47.7 percent over a year earlier to reach a record $262.2 billion in 2007, the General Administration of Customs said Friday. That was below the US$300 billion figure forecast by some Chinese economists but still represented strong gains. China had made it clear th...
+ MoreAuto production, sales to hit 10m units in 2008
Auto production and sales in China are both likely to hit a record 10 million units this year, an industry executive forecast on Tuesday. Dong Yang, vice chairman of the China Association of Automobile Manufacturers (CAAM), told Xinhua it was a "foregone conclusion" that both China's auto output an...
+ MoreNational Highway Target Set for Year
China will build at least 5,000 km of expressways this year, bringing the total length of expressways in the nation to almost 60,000 km by the year-end, Minister of Communications Li Shenglin said on Saturday. There are currently 53,600 km of expressways traversing the country - the second longest ...
+ MoreChina auto sales rise 20 percent to 8.7 mln in 2007
Chinese auto sales are likely to hit or surpass 8.7 million units in 2007, 20 percent more than the previous year, Zhu Yiping, a China Association of Automobile Manufacturers official, said Friday.Last year, more than 7.2 million autos were sold in the country,surpassing Japan and trailing only the ...
+ MoreChina Industrial Profits Climb 37% in 1st 11 Months
Chinese industrial firms saw net profits soar 36.7 percent year-on-year in the first 11 months of 2007, driven by the nation's double-digit economic growth and strong consumer spending. Combined profits at the industrial companies with annual sales of at least five million yuan reached 2.295...
+ MoreChina passenger car sales rise 23% in Jan-Nov period
Sales of passenger cars made in China soared 22.83 percent annually to 5.66 million units in the first 11 months of 2007, the China Association of Automobile Manufacturers said on Friday. During the period, sales of sedans reached 4.24 million units, up 24.32 percent from a year earlier, accordin...
+ MoreChina industrial output growth slows to 17.3% in November
BEIJING, Dec. 13 (Xinhua) -- Industrial output at Chinese companies with annual revenue of at least 5 million yuan (679,349 U.S. dollars) increased at an annual rate of 17.3 percent in November, the National Bureau of Statistics (NBS) said on Thursday. &n...
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