FAW’s Car Brand Hongqi Sees Soaring Sales in Q1
Hongqi, a brand owned by CHINA FAW GROUP CO., LTD. (FAW), has reported a significant increase in wholesale for the first quarter of this year. The total sales surpassed 109,100 vehicles, marking an 8.8 percent rise from the previous year.
Henan Expands Its Global Logistics Network Through Enhanced Air Silk Road
A Boeing 747-400F freighter, carrying 95 tons of cross-border e-commerce goods, recently took off from Zhengzhou Xinzheng International Airport, heading towards East Midlands Airport in Derby, England.
Cargo Throughput of Three Gorges Dam Ship Locks Surpasses 2.2 Billion Tons
As of March 28, 2025, the cargo throughput via the five-tier ship locks at the Three Gorges Dam has exceeded 2.2 million tons since the locks opened to commercial traffic on June 18, 2003, according to the China Three Gorges Corporation.
Guangxi SOEs Achieve Nearly 2.3 Billion Yuan in Profits in Jan-Feb
From January to February, state-owned enterprises (SOEs) under the supervision of the State-owned Assets Supervision and Administration Commission of Guangxi Zhuang Autonomous Region (Guangxi SASAC) recorded profits of nearly 2.3 billion yuan ($316.5 million), a 57 percent increase year-on-year. Total investment reached 22.4 billion yuan, up 30 percent year-on-year, with 2.8 billion yuan allocated to emerging industries, an 83.6 percent increase year-on-year.
China Telecom’s 2024 Revenue Reaches 523.6 Billion Yuan
China Telecom Corporation Limited (China Telecom) recently released its 2024 annual performance report, announcing a full-year operating revenue of 523.6 billion yuan ($72.11 billion), marking a 3.1 percent increase year-on-year.
CNOOC Reports Growth in Reserves, Production and Profits in 2024
CNOOC Limited reported robust growth in reserves, production and profits for 2024, the Chinese oil and gas giant announced on Thursday.
Hubei SOEs See Investment Rise in Jan-Feb
Hubei's state-owned enterprises have expanded effective investments in the first two months of 2025, the State-owned Assets Supervision and Administration Commission of Hubei Province (Hubei SASAC) reported.
Sinopec’s 2024 Operating Revenue Reaches 3.07 Trillion Yuan
China Petrochemical Corporation (Sinopec) released its 2024 annual performance report on March 23, announcing a full-year operating revenue of 3.07 trillion yuan ($420.5 billion).
China Mobile Reports 2024 Revenue of 1.04 Trillion Yuan
China Mobile Communications Group Co., Ltd. (China Mobile) recently released its full-year results for 2024, reporting an operating revenue of 1.04 trillion yuan ($0.14 trillion), a year-on-year increase of 3.1 percent.
Sinopec Sees its Full-Year Operating Revenue Hit $420.5b
China Petroleum and Chemical Corp, also known as Sinopec, achieved a full-year operating revenue of 3.07 trillion yuan ($420.5 billion) in 2024, with profitability across the entire natural gas industry chain reaching a record high, the company said on Sunday.
[New Year, New Beginning] Shanghai Port Reports Record High of Foreign Arrivals
Shanghai Wusongkou International Cruise Terminal, operated by China Merchants Group, welcomed a record number of foreign tourists in a single day as two major international cruise ships docked at the port on March 16.
[New Year, New Beginning] Shanghai Waigaoqiao Shipbuilding Installs 1,000-ton Crane
Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS) has completed installation of a 1,000-ton gantry crane at its dockyard operation center.
