Chongqing Iron & Steel Co. Ltd announced yesterday that its net profits hit RMB 186 million in the first quarter of this year, up 51.6% from the same period of the previous year, citing the Chinese accounting standards.
The operating income in the first quarter went up by 48% to amount to RMB 4.09 billion. Earnings [...]
China and New Zealand signed a free trade agreement (FTA) on April 7 this year, the first of its kind between China and a developed country.
The deal was signed by Commerce Minister Chen Deming and New Zealand Trade Minister Phil Goff. Premier Wen Jiabao and his New Zealand Prime Minister Helen Clark also attended the [...]
China Shenhua Energy Co., the country’s biggest coal miner, saw its net profit jump 38 percent in the first quarter of the year on surging output.
Net profit for January-March was 6.77 billion yuan (US$969.5 billion; €608 billion), the company said in a statement, up from 4.9 billion yuan in first-quarter 2007.
Tags: coal, output, Shenhua
China’s top oil company, PetroChina, plans to double annual natural gas output from 2010 to 2015 at its Xinjiang field to meet demand for the cleaner-burning fuel.
PetroChina aims to produce 5 billion cubic meters of gas at the field in northwestern China by 2010, and 10 billion cubic meters in three to five years after [...]
Huawei Technologies announced a hybrid access line assurance solution aimed at solving new line maintenance problems arising from hybrid xPON+DSL access deployments. Such problems can arise in networks where multiple FTTX network topologies with different copper lengths and aging copper loops are used. Issues arising out of crosstalk and interference seriously impact the performance of [...]
The Great Wall Auto debuted its 2008 new Hover at Beijing auto show. Hover, a China-made world-class vehicle model, has won the championship of SUV unit sales for years.
Boasting all good features of Hover CUV’s chassis, structure, performance and safety, the 2008 new Hover is largely improved in the engine, control, safety and comfort through [...]
