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Date:2011/07/22
Residential buildings under construction in Wenzhou, Zhejiang province. A total of 121 plots of land in the province - a combined area of 3.26 million square meters - failed to attract interested bidders, according to a local government-funded real e...
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Date:2011/07/22
China has discovered its largest molybdenum deposit containing 2.2 million tonnes of the silvery metal, which ranks the second largest in the world, in east China's Anhui Province.Anhui Geology and Mineral Resources Bureau estimate the deposit in Jin...
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Date:2011/07/22
According to the data released by MOFCOM, China's domestic steel price inched up 0.3% for the week ended on July 17 compared to prior week, For instance, the price for HR strip with specification of 145*2.5 mm, high speed wire rod with diameter of 6....
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Date:2011/07/20
According to the data released by CISA (China Iron and Steel Association), China's registered steelmakers had contributed a daily crude steel output of 1.627 million t in early July, down 3.8% compared to previous month. Meanwhile, China’s average da...
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Date:2011/07/22
Growth in China's manufacturing sector is likely to hit a 28-month low this month, global banking company HSBC said on Thursday.HSBC said that its preliminary purchasing managers index (PMI) fall to 48.9 percent in July, down 1.2 percentage points fr...
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Date:2011/07/20
China's tax revenue rose 29.6 percent year-on-year to exceed 5 trillion yuan ($769.66 billion) in the first half of the year, the Ministry of Finance (MOF) announced on Tuesday. The rate of increase was lower compared with the 32.4-percent rise in ta...
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Date:2011/07/13
According to the data compiled by China’s customs, China’s coal exports amounted to 0.71 million t in June, decreasing by 19.32% as compared to 0.88 million t in May. On the other hand, in January to June of this year China’s overall coal expo...
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Date:2011/07/22
China's consumer prices will likely fall in the second half of the year, trimming growth of the consumer price index (CPI) to 4 percent by the year's end, the Bank of Communications said in a report Thursday.
The bank forecast the rise of CPI, the ma...
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Date:2011/07/20
China's fifth largest automotive group, Beijing Automotive Group (BAIC Group), announced Tuesday the establishment of a joint venture with Russia's AMS Auto.
The Beijing-based BAIC Group said total investment in the joint venture, BAW-RUS Automotive ...
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Date:2011/07/12
According to the data compiled by China’s customs, In June China’s steel product exports totaled 4.29 million t, decreasing by 0.47 million t month over month and by 24% year over year. While China’s overall steel product exports came to 24.3...
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Date:2011/07/22
The renminbi (RMB), China''s official currency, set a new high for the second day to a ratio of 6.4536 yuan per U.S. dollar on Thursday.
It indicates a 22-percent increase after the country launched exchange reforms on July 21, 2005. The ratio was 8...
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Date:2011/07/20
The Chinese currency Renminbi, or the yuan, lost 4 basis points to 6.4684 per U.S. dollar on Tuesday, according to the China Foreign Exchange Trading system.
In China's foreign exchange spot market, the yuan is allowed to rise or fall by 0.5 percent...
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Date:2011/07/11
According to the data compiled by China’s customs, in June China’s iron ore imports amounted to 51.09 million t, surging by 8.3% year over year while dropping by 4.1% from 53.30 million t in May. Besides, China’s steel product imports and exp...
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Date:2011/07/22
Chinese shares closed lower Thursday with the benchmark Shanghai Composite Index down 1.01 percent, or 28.31 points, to close at 2,765.89.
The Shenzhen Component Index fell 0.75 percent, or 92.58 points, to finish at 12,301.41.
Source: Xinhua
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Date:2011/07/20
Chinese shares fell for the second consecutive day Tuesday, dragged down by cement and financial companies.
The benchmark Shanghai Composite Index dropped 0.7 percent, or 19.71 points, to close at 2,796.98.
The Shenzhen Component Index fell 0.87 perc...
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Date:2011/07/08
According to the data released by CISA (China Iron and Steel Association) on July 7, China’s registered steelmakers had produced 16.9231 million t of crude steel in late June, jumping by 3.21% compared to middle June. In this context, CISA predicted ...
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Date:2011/07/21
Chinese shares close mixed Wednesday with the benchmark Shanghai Composite Index down 0.1 percent, or 2.77 points, to close at 2,794.21.
The Shenzhen Component Index rose 0.1 percent, or 12.53 points, to finish at 12,393.99.
Source: Xinhua
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Date:2011/07/07
According to the data released by MOFCOM, China’s domestic steel price had decreased by 0.4% for the week ended on July 3 compared to prior week and by 1.8% vs early June, which was also the third consecutive week decline. For instance, the price for...
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Date:2011/07/21
According to the data released by NDRC on July 19, China’s steel industry made an over profit of 120.6 billion yuan in January-May of this year, swelling by 14.4% year over year, however, the increase rate had fallen by 514.4%. In detail, for the giv...
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Date:2011/07/06
It is reported that www.cnchemicals.com has issued China’s first iron ore spot price index on July 5, which is calculated on a basis of China’s iron ore transaction prices including the imported and home-made iron ore spot prices. While the imported iron ore...