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Net gambling gang busted in central Chin...
CHANGSHA, April 2 (Xinhua) -- Police in central China's Hunan Province busted an online gambling gang and captured 17 suspects, with the amount of money involved exceeding 100 million yuan (14.9 mill
Pangang Vanadium & Titanium foresees pro...
CHENGDU, April 11 (Xinhua) -- Pangang Group Vanadium Titanium Resources Co. said Thursday that its net profit in the first quarter of this year is expected to increase by 56 percent to 77 percent yea
Chinese yuan weakens to 6.7235 against U...
BEIJING, March 8 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 125.00 basis points to 6.7235 against the U.S. dollar Friday, according to the China Forei
Chinese customs arrest 20 for LCD smuggl...
SHANGHAI, Feb. 27 (Xinhua) -- Twenty smugglers were caught and over 530 containers of LCD screens, weighing more than 10,000 tonnes and worth up to 1.65 billion yuan (about 247 million U.S. dollars),
New local gov't bonds issued in China
BEIJING, April 11 (Xinhua) -- North China's Hebei Province has started a bid for its government bond issue worth 26.2 billion yuan (about 3.91 billion U.S. dollars) at the Shanghai Stock Exchange. Th
Chinese yuan weakens to 6.6944 against U...
BEIJING, March 22 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 94 basis points to 6.6944 against the U.S. dollar Friday, according to the China Foreign
Chinese banks post forex settlement defi...
BEIJING, March 18 (Xinhua) -- China's commercial banks saw a net forex settlement deficit of 101.3 billion yuan (around 15 billion U.S. dollars), in February, the country's forex regulator said Monda
China to issue 2.15 trln yuan of special...
BEIJING, March 5 (Xinhua) -- China will issue 2.15 trillion yuan (about 320 billion U.S. dollars) of special local government bonds this year, an increase of 800 billion yuan over last year, says a g
Chinese yuan strengthens to 6.7802 again...
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 167 basis points to 6.7802 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System.
BRICS New Development Bank places bond i...
SHANGHAI, Feb. 26 (Xinhua) -- The BRICS New Development Bank (NDB) successfully placed 3 billion yuan (448 million U.S. dollars) of RMB-denominated bonds in the China Interbank Bond Market on Monday,
Chinese yuan strengthens slightly last w...
BEIJING, March 11 (Xinhua) -- China's yuan strengthened slightly against a basket of currencies in the last trading week, according to a China Foreign Exchange Trade System (CFETS) index. The CFETS y
China's high-end smartphone market grows...
China's high-end smartphone market is maintaining rapid expansion, a recent report has said. The average price of a smartphone on the Chinese market stood at 2,523 yuan (about 377 U.S. dollars) last
China to cut corporate burden by nearly ...
BEIJING, March 5 (Xinhua) -- China will reduce the tax burdens and social insurance contributions of enterprises by nearly 2 trillion yuan (about 298 billion U.S. dollars) this year, according to a g
BEIJING, April 6 (Xinhua) -- Box office figures of the top-grossing films on the Chinese mainland market on April 5 were as follows: Title Daily Gross P Storm 103 million yuan Shazam! 95 million yuan
Shanghai increases minimum wage
Shanghai will increase its statutory minimum wage from 2,420 yuan (360 U.S. dollars) to 2,480 yuan per month from April 1, making it the one of the highest in the country, local authorities said Mon
China's PE sector manages 22.66 tln yuan...
BEIJING, Feb. 5 (Xinhua) -- China's securities and futures trading institutions saw the value of the asset management business in the private equity industry total 22.66 trillion yuan (about 3.34 tri
Chinese yuan strengthens to 6.7142 again...
BEIJING, April 9 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 59 basis points to 6.7142 against the U.S. dollar Tuesday, according to the China Fore
China Construction Bank 2018 profits up ...
BEIJING, March 27 (Xinhua) -- China Construction Bank, one of the country's largest state-owned commercial banks, said Wednesday its 2018 net profits climbed 5.11 percent to 254.66 billion yuan (37.9
Chinese yuan strengthens to 6.7193 again...
BEIJING, April 1 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 142 basis points to 6.7193 against the U.S. dollar Monday, according to the China Fore
Box office figures of the top-grossing films on the Chinese mainland market on April 5 were as follows: Title Daily Gross P Storm 103 million yuan Shazam! 95 million yuan Andhadhun 22.3 million yuan
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