China COSCO (Ocean Shipping Group Co) Holdings Company reported a loss of 271 billion yuan ($432 million) for the first half of 2011
China's stock market is approaching its bottom, as the recent slump was triggered by the turmoil in the global capital market rather than a domestic slowdown.
China Southern Airlines Co boosted first-half profit 33 percent as a result of rising domestic travel and a stronger yuan. Air China Ltd's earnings fell on a smaller contribution from its stake in Cathay Pacific Airways Ltd.
China will continue to implement macro-control policies on its property sector, a senior official said Thursday.
The Chinese Ministry of Finance (MOF) said that it has added 4.4 billion yuan in subsidies to the Grain Risk Fund to boost the country's grain security
Many Chinese companies in railway-related industries posted shrinking first-half profits due to waning investment in the country's railway sector.
China's top five banks reported a total of 48.99 trillion yuan in total assets as of the end of July, 1.23 trillion yuan less than that of June
Industrial & Commercial Bank of China Ltd (ICBC) said on Thursday that it would continue expanding overseas despite increasingly uncertain global financial markets.
Huawei ranked first among China's top 500 non-State owned firms in 2010 with a business revenue of 185.2 billion yuan ($28.9 billion), a survey released Thursday shows.
The Agricultural Bank of China, one of China's biggest state-owned banks, said Thursday that its net profits surged 45.4 percent to 66.68 billion yuan in the first half of this year.
Domestic prices might stay high even as government measures to rein in rapidly rising inflation take effect, Zhang Ping, chairman of the National Development and Reform Commission (NDRC), said on Thursday.
China's non-financial outbound direct investment in July dropped by 58.1 percent year-on-year to $3.73 billion, mainly due to a decline in the amounts going into developed economies.