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Industry Updates

  • Beijing's Boom Brings a Bonanza of Buses
    By Wang Zhuoqiong, Li Fangchao and Wang Qian (China Daily)     Xie Deming does not have a ticket to any event of the 2008 Olympic Games, but he has found his own way of joining in the Olympic fervor in Beijing...
  • China's Logistics Industry At the Crossroads
    By Qian Yanfeng (China Daily)     To borrow a well-worn clich, this is the worst of times and the best of times for China's logistics industry.   Rising fuel and labor costs are cutting deep into the ea...
  • Imported Second-hand Cars Cheaper in China
    Visiting foreign websites on trading second-hand cars, you may be startled by the extraordinarily low prices of some famous high-quality used cars. You may wonder if these cars can be bought in China and how they can get a...

Business News

  • Currency Gains Buoy Air Carrier in H1, Offsetting Fuel Prices
    By Ma Shukun (Xinhua)     Huge exchange-rate gains helped China's three aviation giants -- Air China, China Eastern Airlines and China Southern Airlines -- to profit in the first half, more than offsetting cos...
  • COSCO Pacific H1 Net Profit Hits $153.15m
    (Agencies)     COSCO Pacific Ltd said its first half to June net profit rose to $153.15 million from $148.52 million a year earlier on the back of a double-digit growth in turnover.   The company said i...
  • China to Raise Consumption Tax on Big Cars
    By Shangguan Zhoudong (chinadaily.com.cn)   China will adjust consumption tax on vehicles as of September 1 this year to curb high-emission cars and promote small ones, according to a circular jointly issued by the ...

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