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  • China's sci-tech hub Zhongguancun sees 5.9 pct revenue growth in H1

    Zhongguancun National Demonstration Zone, known as China's Silicon Valley, saw the revenue from its high-tech enterprises above a designated size up 5.9 percent year on year to 2.9 trillion yuan in the first half of this year.

    August04,2020


  • Wanda Film loses over 1.5 billion yuan due to COVID-19

    Wanda Film Holding Co., Ltd. on Tuesday reported a notable net loss in the first half of the year (H1) as COVID-19 forced China's biggest movie theater operator to shut its theaters.

    July15,2020


  • China's major internet firms maintain revenue growth in Q1

    China's major internet and related services companies have maintained business revenue growth in the first quarter (Q1) of the year amid the novel coronavirus disease (COVID-19) epidemic, official data showed.

    May06,2020


  • China's software industry reports 6.2-pct fall in Q1 revenues

    Revenues of China's software sector declined in the first quarter (Q1) of this year, weighed down by the novel coronavirus disease (COVID-19), official data showed.

    May06,2020


  • China's logistics sector posts steady growth in 2019

    he overall demand for social logistics has maintained steady growth in China in 2019, but the growth rate has slowed down.

    May06,2020


  • China's dairy giant Yili's revenue tops RMB 90 bln in 2019

    Chinese dairy giant Inner Mongolia Yili Industrial Group Co., Ltd. generated a revenue of 90.2 billion yuan (about 12.8 billion U.S. dollars) in 2019, up 13.4 percent year on year, the company announced Tuesday.

    April30,2020


  • Courier giant SF Holding reports 40 pct revenue growth in Q1

    China's express delivery giant SF Holding reported revenue growth but net profit decline in the first quarter of 2020 amid the COVID-19 epidemic.

    April24,2020


  • Huawei's Q1 business results in line with expectations

    Chinese tech giant Huawei on Tuesday reported its sales revenue totaled 182.2 billion yuan (about 25.7 billion U.S. dollars) for the first quarter of 2020, up 1.4 percent year on year.

    April22,2020


  • China's SOEs report 11.7-pct fall in Q1 revenues

    Revenues of China's state-owned enterprises (SOEs) fell 11.7 percent year on year to 12.3 trillion yuan (about 1.74 trillion U.S. dollars) in the first quarter (Q1) of 2020, official data showed Tuesday.

    April22,2020


  • Tencent profit exceeds 93 bln yuan last year

    China's tech giant Tencent announced Wednesday that its profit attributable to shareholders increased by 19 percent year on year to 93.3 billion yuan (about 13.3 billion U.S. dollars) last year.

    March19,2020


  • EU companies in China expect 20pct fall in revenues

    At least six out of 10 of the 600 firms which have participated in the survey of the European Chamber of Commerce in China have declared that they have been strongly affected by the crisis. Therefore, they are asking for well-balanced measures to foster stable goods and services demand.

    February28,2020


  • Thai Finance Ministry unveils state revenue for first four months of FY 2020

    For the first four months of the fiscal year 2020 (October 2019 to January 2020), Thailand's net revenue reached up to 811.773 billion baht, 14.190 billion baht or 1.8 percent higher than the target set in the budget document.

    February27,2020


  • Xiaomi expects 2019 revenue to top 200 bln yuan

    Chinese tech giant Xiaomi expects higher revenue in 2019 and is betting big on 5G products in 2020, the company announced Thursday.

    February14,2020


  • Alibaba revenue up 38 pct in 3rd fiscal quarter

    China's e-commerce giant Alibaba Group reported year-on-year revenue growth of 38 percent to 161.4 billion yuan (23.12 billion U.S. dollars) for the fiscal quarter ending Dec. 30, 2019.

    February14,2020


  • 21 listed banks in China reap RMB400.1 bln net profit in 2019

    21 listed banks in Shanghai and Shenzhen bourses have announced their financial reports, and netted 400.1 billion yuan in total in 2019, up 10.9 percent year on year from that in 2018.

    February10,2020


  • FAW Group sees growing revenue in 2019

    China's leading automaker FAW Group saw its total revenue reach 620 billion yuan (about 89.2 billion U.S. dollars) in 2019, up 4.4 percent, the automaker said Tuesday.

    January08,2020


  • China has over 10,000 star hotels: report

    China had a total of 10,249 star-rated hotels, including 843 five-star hotels, at the end of 2018, according to a report released by the Ministry of Culture and Tourism.

    November15,2019


  • Trip.com Group reports expanding int'l business

    Trip.com Group Limited, China's major online travel agency, reported growth in net revenue and profit, with an expanding international business in the third quarter of this year.

    November15,2019


  • Tencent's Q3 revenue up 21 pct

    Chinese tech giant Tencent reported steady revenue growth in the third quarter (Q3) of this year, with its fintech and corporate services reporting robust expansion.

    November14,2019


  • China's postal industry expands 21.3 pct in first three quarters

    China's postal industry saw a 21.3-percent rise in business revenue year on year to reach 688.27 billion yuan (about 97.79 billion U.S. dollars) in the first three quarters, data from the State Post Bureau showed.

    November06,2019


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