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2013-08-12
The only way now is up
The only way now is up. Elevator and escalator manufacturers ride high on the back of China's urbanization Wang Xiuli is a lift attendant. For the past five years, all she has had to do is to sit on a wooden chair and press buttons in an
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2013-08-10
Rough road to continue for domestic carmakers
Rough road to continue for domestic carmakers. The market share of domestic-brand four-door vehicles hit its lowest point in at least five years in July, even as China's overall vehicle production and sales maintained stable gains. Analysts
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2013-08-10
Vehicle exports down again
Vehicle exports down again. China's vehicle exports continued to decline in July, falling 5.4 percent from June to 79,900, a year-on-year drop of 11.6 percent, statistics from the China Association of Automobile Manufacturers show. It was
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2013-08-10
China's auto sales up 9.9% in July
China's auto sales up 9.9% in July. China's auto sales rose 9.9 percent year-on-year to 1.52 million units in July, the China Association of Automobile Manufacturers (CAAM) announced Friday. Although the volume marked a 13.6-percent drop on
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2013-08-09
Machinery sector profit 'to grow at 8% in 2013'
Machinery sector profit 'to grow at 8% in 2013'. The machinery sector expects profits to grow at 8 percent for the year, said Cai Weici, vice-president of the China Machinery Industry Federation on Tuesday. He made the prediction after the
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2013-08-09
IT to play a bigger role: Minister
IT to play a bigger role: Minister. China will further integrate traditional industries with information technology to lift their productivity and foster more demand in the IT sector, according to a half-year work conference held by the