China Vanke Co, the country's biggest property developer by market value, said on Monday its 2009 profit rose 32 percent to 5.33 billion yuan ($776 million), thanks to soaring real estate sales and prices last year.
The government has formulated a 10-year program under which clean energy will account for 15 percent of the total consumption mix by 2020, a top official has revealed. Energy chief also conservationist, poet
The Purchasing Managers' Index (PMI) for China's manufacturing sector stood at 52 percent in February, down 3.8 percentage points from January 2010, the China Federation of Logistics and Purchasing (CELP) said on Monday.
Cina seems to be caught in a dilemma - while soaring property prices have left millions of people out in the cold and fueled growing concern over an asset bubble, the property sector remains a key economic driver.
Chinese Premier Wen Jiabao pledged to prevent possible inflation during an online chat with Netizens held on Saturday. Following are some basic facts about China's price trend over the past years:
Beijing's total imports and exports hit $21.95 billion in January, a year-on-year increase of 83.9 percent, according to Beijing Customs, Xinhua News Agency reported today.
China's total import and export value topped $2.21 trillion in 2009, down 13.9 percent year-on-year, according to China's National Bureau of Statistics (NBS).
Taiwan received 8.59 billion yuan worth of orders from the Chinese mainland in January, up 134.99 percent year-on-year, according to the island's economic department.
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