Car Sales Up by 24% in First Three Quarters
Passenger vehicle sales in China rose by almost 24 percent in the first three quarters, mainly driven by strong demand for sedans, an industry association said yesterday. January-September sales of domestically made passenger vehicles - sedans, multipurpose vehicles (MPVs), sports-utility vehicles ...
+ MoreWork on Beijing-Shanghai rail link set to start
The Beijing-Shanghai high-speed railway has got the green light from the central government and construction on the long-awaited project is expected to start soon. A bullet train departs from Shanghai Railway Station in this January 28, 2007 file photo. The construction of the Beiji...
+ MorePetroChina to invest 1.3 bln USD in new energy by 2010
PetroChina, the country's largest oil and gas producer, will invest 10 billion yuan (1.3 billion U.S. dollars) in building facilities for new energy production by 2010, a senior company official has said.Hu Wenrui, vice president of PetroChina, told a recent forum that the investment is expected to ...
+ MoreChina expected to produce 8.5m autos in 2007
China's auto production saw an annual growth rate of 45.8 percent since 2002 and the country is expected to produce 8.5 million units of automobiles in 2007, a senior official with the top economic planner said at a forum Saturday. By the end of 2006, output value of the country's auto industry acc...
+ MoreChina encourages military industrial enterprises to produce wind power generators
China's Commission of Science Technology and Industry for National Defense is encouraging military industrial enterprises to accelerate the development of wind power."China should fully exploit technological advantages in the military industry sector to upgrade its wind power sector and make wind po...
+ MoreChina 2007 Steel Output to Rise by 58 Mln Tons
Total steel output in China is expected to rise by 58 mln tons from 2006 to 480 mln this year, said Li Shijun, secretary-general of the China Iron and Steel Association (CISA). Li told a conference in Shanghai that in the first half, the country's crude steel production totaled 237.58 mln tons, up 1...
+ MoreChina´s industrial output slows down in August
The National Bureau of Statistics says the latest industrial output figure indicates a slow-down in that sector. China's statistics bureau says the country's industrial output rose 17.5 percent in August. This is half a percentage lower than in July, and close to two percent lower than for t...
+ MoreToyota may need new China plant
Toyota Motor Corp said it may need more manufacturing plants in China to meet demand as sales in the world's most-populous nation rise about nine times faster than in the US. A truck carrying Toyota Camry sedans enters a dealership, in Guangzhou, China, on June 6, 2007. [Bloomberg] "We ...
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