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China Daily Website

  • Assets of China's banking industry hit 101.2t yuan

    2011-05-14 10:43

    Assets of China's banking financial institutions rose in value 18.9 percent year-on-year to 101.2 trillion yuan ($15.57 trillion) by the end of March, the country's banking regulator said Friday.

  • China's software piracy rate declines

    2011-05-14 09:24

    China's software piracy rate dropped 2 percentage points from 2009 to 2010, but the commercial value of the illegitimate software last year was up by 1.55 percent.

  • Commercial banks' NPL hit 433b yuan

    2011-05-13 16:43

    Non-performing loans (NPL) in China's commercial banks hit 433.3 billion yuan ($66.67 billion) at the end of the first quarter, a decrease of 300 million yuan from the end of last year, China's banking regulator said in Beijing on Friday.

  • Shanghai's service trade volume tops $100b

    2011-05-13 15:44

    According to the latest data released by the Commerce Department of China, Shanghai's total export-import volume of service trade in 2010 is $104.67 billion, a 40 percent year-on-year growth, with exports totaling $40.6 billion and the imports, $64.03 billion.

  • Property sales values increase

    2011-05-13 13:47

    The value of property sales in China during the first four months of the year rose 13.3 percent year-on-year to 1.4 trillion yuan ($217 billion), according to the nation's top statistics authority on Wednesday.

  • Hong Kong's Q1 exports volume up 17.7%

    2011-05-13 13:20

    Hong Kong's total exports volume increased by 17.7 percent year on year in the first quarter in 2011, said the Census and Statistics Department (C&SD) of the city government on Thursday.

  • Sina Weibo users hit 140m as of April

    2011-05-13 13:18

    Sina Weibo, a Twitter-like microblog service, on Thursday announced that it had about 140 million registered users at the end of April, up from 100 million at the end of February.

  • China to double land supply to cool housing market

    2011-05-13 10:53

    The Chinese government will increase its supplies of available land for residential housing development this year as part of the country's efforts to curb its runaway property market.

  • NBS explaines 111 yuan housing data

    2011-05-13 10:00

    China's top statistics agency, the National Bureau of Statistics (NBS), offered an explanation on Thursday for a residential housing figure that confused the public.

  • Home sales in Beijing decrease under govt policies

    2011-05-13 10:56

    Home sales in Beijing plummeted over 30 percent in the first four months of 2011, partially as a result of the government's actions to cool down the city's red-hot property market.

  • Tencent Q1 net profit up 61%

    2011-05-12 11:03

    Tencent Holdings said on Wednesday its net profit rose 61 percent to 2.87 billion yuan ($442.2 million) for the three months ended March 31, 2011.

  • Businesses lose billions; consumers end up paying

    2011-05-12 10:24

    Businesses in China suffered losses of 128.4 billion yuan ($19.78 billion) from theft in 2010 and industry experts said that suppliers and consumers will end up footing some of the bill.

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