Business Performance

Qingdao TGOOD Electric Zaps China EVs With Record 1 Billion Kilowatt Hours

Qingdao TGOOD Electric Zaps China EVs With Record 1 Billion Kilowatt Hours

Major Chinese electric vehicle charging service provider Qingdao TGOOD Electric has provided a record 1 billion-plus kilowatt-hours of charging services for domestic EVs.

Jul 3, 2018
Tang Shihua
Renaissance EMU High-Speed Train Carries 41.3 Million Riders in First Year

Renaissance EMU High-Speed Train Carries 41.3 Million Riders in First Year

China’s self-developed high-speed train the Renaissance EMU has been in operation for one year now and has transported 41.3 million…

Jun 28, 2018
Tang Shihua
Gree Will Post USD31.50 Billion Revenue This Year, Chairwoman Says

Gree Will Post USD31.50 Billion Revenue This Year, Chairwoman Says

Gree Electric Appliances Inc. of Zhuhai, the world’s largest air conditioner manufacturer, aims to post revenue of CNY200 billion (USD31.50 billion) this year, said Dong Mingzhu, its chairwoman.

May 17, 2018
Wang Zhen
Tencent’s First-Quarter Earnings Haul Beggars Belief; Shares Gain

Tencent’s First-Quarter Earnings Haul Beggars Belief; Shares Gain

Tencent Holdings Ltd.’s latest earnings report confounded the expectations of investors and analysts who were concerned that the internet juggernaut’s…

May 17, 2018
Duan Qianqian
China’s SOEs to Join Import Expo, Seek Overseas Partners, SASAC Says

China’s SOEs to Join Import Expo, Seek Overseas Partners, SASAC Says

China’s central government-owned enterprises will  take an active part in the China International Import Expo to be held in Shanghai in November and will organize…

Apr 16, 2018
Tang Shihua
 China's Fund Industry Maintain Cautious Optimism About Returns This Year

China's Fund Industry Maintain Cautious Optimism About Returns This Year

Investors pursue a wait-and-see policy about China’s funds due to the weak performance of the A-share market early this…

Mar 29, 2018
Xie Danmin
WeChat Sees 10% Jump in People Sending Digital Red Envelopes Over Chinese New Year

WeChat Sees 10% Jump in People Sending Digital Red Envelopes Over Chinese New Year

WeChat, Tencent Holdings Ltd.’s vastly popular lifestyle app, has become a key tool for those wanting to send New Year’s greetings as well as red packets,…

Feb 22, 2018
Tang Shihua
China E-Commerce Lifts Express Parcels 80% to 4 Billion in January, Post Bureau Says

China E-Commerce Lifts Express Parcels 80% to 4 Billion in January, Post Bureau Says

China’s courier companies delivered 4 billion parcels last month -- up 80 percent from a low base during last year’s…

Feb 13, 2018
Tang Shihua
1.39 Billion Travelers Engaged in Forest Tourism in China Last Year, Forestry Agency Says

1.39 Billion Travelers Engaged in Forest Tourism in China Last Year, Forestry Agency Says

Some 1.39 billion travelers engaged in forest tourism in China last year, per statistics the country’s State Forestry Administration released today.

Jan 26, 2018
Zhang Ke
Panicky in the Mobile Internet Era, Baidu Is Placid in the AI Age, Founder Says

Panicky in the Mobile Internet Era, Baidu Is Placid in the AI Age, Founder Says

Baidu Inc. took a walloping when the mobile Internet era arrived. The advent of the age of artificial intelligence has,…

Jan 22, 2018
Lai Shasha
Yiwu China Commodity City Pushes Region’s Import Growth Past National Average

Yiwu China Commodity City Pushes Region’s Import Growth Past National Average

Yiwu China Commodity City, the source of most tourism souvenirs in China, has upgraded in recent years to become an international trading hub for commodity experts the world over.

Jan 22, 2018
Yicai Global
China Takes Crown as Largest Auto Market for Ninth Straight Year

China Takes Crown as Largest Auto Market for Ninth Straight Year

China’s new vehicle sales climbed 3 percent to a new high of almost 28.9 million units last year to retain its spot as the world’s top car seller.

Jan 22, 2018
Tang Shihua