Zijin Mining Group Co, China's largest gold producer by output, announced a 54 percent year-on-year slump in net profits in the first half of 2013.
China's gold consumption surges in H1
Shanghai Pudong Development Bank reported net profits of 19.39 billion yuan ($3.14 billion) in the first half of 2013, up 12.76 percent year on year.
Hebei Iron and Steel Group Co Ltd has acquired a 74.5 percent stake in a South African mining company, sources with the company said Wednesday.
PetroChina Co, China's largest oil explorer, may join with United States-based energy giant Exxon Mobil Corp to co-develop the West Qurna oilfield in Iraq, which would make the Chinese company the biggest single foreign investor in the Iraqi oil industry.
Industrial Bank, one of China's second-tier shareholding commercial banks, reaped 21.64 billion yuan ($3.5 billion) in net profits in the first half of 2013.
Some 442,000 foreign-invested companies had been set up in China by the end of July, up 0.26 percent from a month earlier.
Mining giant Rio Tinto on Thursday announced that its profit for the first half of 2013 stood at $1.72 billion, a 71 percent drop year-on-year.
Personal computer shipments in the Asia-Pacific region declined 0.5 percent year-on-year to just over 40 million units in the second quarter of this year.
Maintaining profit growth of more than 10 percent will be a very tough task for central State-owned enterprises.
Sales of light vehicles - including passenger and light commercial vehicles - in June continued May's trends, rising 8.5 percent year-on-year to 1.72 million units.
Great Wall Motor Co, China's largest SUV maker, sold 367,857 vehicles in the first half of the year, up 40 percent from the same period last year.
Huawei's sales revenue in the first six months of this year reached 113.8 billion yuan ($18.4 billion), up 10.8 percent year on year.
Privately owned enterprises have seen their brand value increase in the past year as more attention is paid to brand building.
In the first half of 2013, Volkswagen saw a 19.4 percent growth in the sales of its passenger brands, with 1.2 million units sold in the Chinese market.
Sales for Mazda China have been in decline since 2011. For the first half of 2013 sales were at 82,531 units, down 20.6 percent compared with the same period last year.
Though Mercedes-Benz has recovered from the sales figures it saw in 2012, the new president and CEO of the China operations, is still not satisfied.
General Motors said June sales in China rose nearly 11 percent year-on-year to 236,207 units on strong demand for SUVs and premium models.
Retail sales for Dongfeng Nissan in the second quarter of 2013 surpassed prior year results by 1.9 percent. The company showed signs of recovery.
Driven by continued strong demand for the all new Ford Focus, Ford Kuga and Ford Transit, Ford China's sales soared in the first half of 2013.
German auto giant Volkswagen said on Tuesday that its passenger car sales in the first four months of 2013 rose 5.3 percent, thanks to strong demands from China and North America.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
