Net profit of Xi'an Aircraft International Corporation (XAIC), a China-based aircraft maker and components supplier, rose 9.47 percent year-on-year to hit 345.56 million yuan ($52.36 million) last year, the company announced Tuesday.
The Hong Kong Monetary Authority (HKMA) announced Monday that the official foreign currency reserve assets of Hong Kong amounted to $272.7 billion at the end of February, down $500 million on the end of January.
The per capita net income for China's rural residents maintained an 8.9-percent annual growth rate during the 2006-2010 period, or 12.7 percent before price factor adjustments, the National Bureau of Statistics (NBS) said Monday.
China Vanke Co, the country's biggest developer by market value, said its 2010 net profit rose 36.65 percent on strong demand for homes.
China's passenger vehicle sales dropped slightly in February from last year, the first fall in more than two years and giving rise to uncertainty about the entire year's sales.
A growing number of companies are moving to China's western or central areas because of rapidly rising labor costs elsewhere, according to a report released by Aon Hewitt, a global human capital consulting company.
The Chinese currency renminbi (RMB), or the yuan, on Monday strengthened to an all-time high of 6.5651 per US dollar, according to the China Foreign Exchange Trading System.
More than 90 percent of the multinationals plan to increase their investment in China in the next five years - 27.5 percent by more than half. And 94.2 percent of executives said they are optimistic or slightly optimistic about their business outlook in China. The rest said they are pessimistic or slightly pessimistic.
Sales of home appliances in China's rural areas surged 168 percent to 20.86 billion yuan ($3.16 billion) in February, driven by a subsidy program to boost consumption, the Ministry of Commerce (MOC) announced Friday.
Chinese automaker Dongfeng Motor sold 19,540 vehicles in February, up 29.8 percent year-on-year, figures released on Saturday showed.
Sales of home appliances in China's rural areas surged 168 percent to 20.86 billion yuan ($3.16 billion) in February, driven by a subsidy program to boost consumption, the Ministry of Commerce (MOC) announced Friday.
China's foreign exchange regulator said Friday that more foreign currencies were sold than bought through Chinese banks in January, resulting in $68.4 billion of forex surplus in the banks for the month.
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