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Huawei expects net profit to increase 30% in 2012
2013-01-07 15:54
Huawei, China's largest maker of telecom equipment, expects a net profit of $2.4 billion in 2012, up about 30 percent from a year earlier.
China's M&A market reached 6-yr record in 2012
2013-01-07 15:04
China's mergers and acquisitions market saw a total of 3,555 deals in 2012, down 23 percent year-on-year.
New home sales rose last year in Beijing
2013-01-07 14:53
A total of 123,036 units of newly built houses were sold in Beijing last year, up 64.4 percent year-on-year, said Beijing's housing authority
Rural students to get free dictionaries
2013-01-06 17:11
All students in rural Chinese primary and junior middle schools will be provided with a free Xinhua Dictionary - the most common Chinese dictionary used in educational institutions - by the government beginning with the new semester after the 2013 winter vacation.
Beijing seniors give $240 yearly to children
2013-01-05 11:31
A survey found that senior people in Beijing give their children and grandchildren 1,500 yuan ($241) yearly on average in Beijing.
Companies raised 650m yuan via bonds in 2012
2013-01-04 16:50
Chinese companies issued 484 new corporate bonds in 2012, a 148 percent increase year-on-year, the Shanghai Securities News reported on Friday.
Jusco to expand in China
2013-01-04 16:10
Department store operator Jusco, which stands for Japan United Stores Company, plans to accelerate its expansion in the Chinese market with a new business model in Guangzhou.
Geely's exports surged 164% in 2012
2013-01-04 15:51
China's privately owned automaker Zhejiang Geely Holding Group Co said on Friday that its exports surged 164 percent year-on-year in 2012.
Cornerstone laid for ShanghaiTech University
2012-12-28 16:52
Officials in Shanghai have held a cornerstone-laying ceremony for the city's ShanghaiTech University project.
Qianhai borrowers offered yuan loans from Hong Kong
2012-12-28 16:51
China formally allowed companies in a pilot zone near Hong Kong to borrow yuan from Hong Kong lenders on Thursday.
Beijing's luxury apartments prices to see limited growth next year
2012-12-28 16:45
The prices of Beijing's luxury apartments and villas will see limited growth in the next 12 months, Colliers International said in a report on Friday.
Online gaming market revenue to hit $11b in '13
2012-12-28 16:17
The total revenue of China's online gaming industry is expected to hit 68.5 billion yuan ($11 billion) in 2013, driven by rapid expansion in the mobile games and browser games sectors.

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Geng Jiasheng, 54, a national master technician in the manufacturing industry, is busy working on improvements for a new removable environmental protection toilet, a project he has been devoted to since last year.