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2012-05-08
Air conditioner sales cool down
Air conditioner sales cool down. When 35-year-old Yuan Bao stepped into a Dazhong Electronics store in the Changping district of Beijing, he found he was the only customer in the three-floor home appliance outlet. "I was really surprised
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2012-05-08
China to expand high-end equipment sector
China to expand high-end equipment sector. China is looking to triple the sales revenue of its high-end equipment manufacturing industry to 6 trillion yuan ($951 billion) by 2015, according to the sector's 12th Five-Year Plan (2011-15)
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2012-05-07
Profit tumble for domestic automakers
Profit tumble for domestic automakers. Three of China's top four domestic auto groups reported sharp drops in profit or a loss in the first quarter this year as sales declined amid a slowing economy. Dongfeng Motor Corp, the second-largest
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2012-05-07
Auto import growth slows in first quarter
Auto import growth slows in first quarter. ? China's automobile import growth slowed in the first quarter, but the segment is expected to maintain reasonable growth in the next few years. Customs statistics show that in the first three
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2012-05-07
US to reconsider high-tech trade barriers
US to reconsider high-tech trade barriers. The White House is reconsidering the trade barriers it has put up before exports of advanced technology to China, a US official said on Wednesday. "As you know, we are reviewing our high-technology
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2012-05-02
ZTE sets its sights on Europe
ZTE sets its sights on Europe. ZTE Corp plans to strengthen its position in the European market in the fields of telecom infrastructure, smartphones and government and enterprise solutions, according to company officials. Since being