China's centrally-administered State-owned enterprises reported net profits of $141.3 billion in 2011, up 6.4% year-on-year.
Operators are looking to grow as incomes rise in China and people get bitten by the bug.
At the just concluded fifth annual World Future Energy Summit in Abu Dhabi, Premier Wen Jiabao made a speech outlining China's efforts to adopt clean technology and renewable energy. However, its coal dominated energy structure will remain difficult to change in the near future, as China is a big country with a low per capita income that requires a large amount of energy to support its ongoing industrialization and urbanization.
Capital outflows from China likely to accelerate: World Bank report.
Nearly three quarters of large Chinese cities saw a decrease in home prices in December.
China's economy can achieve a soft landing in 2012 despite a global economic slowdown.
Kia Motors Corp is recalling more than 145,000 vehicles in the US due to faulty airbags.
Fragile world economic recovery and increasing labor costs blamed.
China Unicom (Hong Kong) Ltd said it has large stocks of Apple Inc's iPhone 4S handsets available for purchase.
Alibaba Group Holding Ltd may have to restructure its relationship with its largest shareholder, Yahoo! Inc.
Mickey Mouse and Winnie the Pooh are setting up shop in China.
With the approach of Spring Festival for the Year of the Dragon, the more than 1.3 billion people in China have become eager shoppers.