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The move comes after severe ice and snowstorms hit southern and central regions in the past month, causing widespread devastation...Of the total, 900 million yuan went on property claims and more than 57 million yuan was paid on health and life policies.
Tags: billion yuan, million yuan, CIRC, China, Shanghai, China Insurance Regulatory Commission, Yuan, Life insurance, Insurance, Types of insurance, Finance, Disaster Accident
TCL Corp., China's biggest television manufacturer by output, said Tuesday it has formed a joint venture with the Shenzhen government to build an 8.5th-generation thin film transistor-liquid crystal display production line, which will require an investment...
Tags: TCL Corp., China, joint venture, billion yuan, Shanghai, TCL Corporation, Joint ventures, LG Display, Samsung Electronics, Shenzhen, Display technology, Semiconductor companies, Samsung Group, Business Finance
The county government predicts the budget will see the year out. The county's rich coal reserves and annual output of 100 million tonnes are an important driver of sustained economic growth. This year it ranked 59th among China's 100 richest counties,...
Tags: China County, county government, Shenmu County, free medical, medical expenses, public welfare, medical bills, billion yuan, free education, medical care, China, Xinhua, Mao Zedong, Yuan, Business Finance, Medicine in China, Xi'an, Social Issues
International crude oil price might continue to rise within this year as demand would continue to grow amid global economic recovery, Wang said.
Tags: China Daily, Hong Kong, air force, billion yuan, Indonesia, Emily Wang, investment destination, UCB, Wang Jiarui, real estate
Ministry of Finance signed the agreement with 7 local governments of Beijing, Jilin, Shanghai, Anhui, Hunan, Chongqing and Shenzhen.
Tags: China Federation of Logistics, China Vanke, net profit, billion yuan, U.S, PMI
But the statement underlined the necessity of enhancing liquidity risk management against the backdrop of the global financial crisis. In response to the nation's call to prop up the slowing economy amid the global financial crisis, Chinese banks...
Tags: Commercial Bank of China, China Banking Regulatory Commission, billion yuan, commercial banks, trillion yuan, china banks, net profits, U.S, Chinese, banks regulator
Stock markets fell broadly in Asia on Thursday after weak new U.S. home sales data revived fears that the global economic recovery is faltering. Sales of newly built single-family homes unexpectedly fell 3.6 percent last month, according to a U.S...Separately,...
Tags: LEE PetroChina Co., billion yuan, quarter net, largest listed
Bank of China and Bank of Communications, the two lenders managing the 6 billion yuan sale, said in news releases on Monday that the two-year bonds would have a yield of 2.25 percent, and the three-year bonds would yield 2.7 percent — higher rates than...
Tags: Mainland of China, People’s Bank of China, Hong Kong, billion yuan, Credit Card Debt Rises, government bonds, Chinese, Beijing
China's Ministry of Finance said on Wednesday it would auction 26 billion yuan ($3.8 billion) of five-year bonds next Wednesday.
Tags: billion yuan, People's Bank of China, China, Shanghai
It runs five subsidiaries, including Lenovo Group, Digital China, Legend Capital, Rongke Property and Hony Capital. The company's total business volume last year was 115.2 billion yuan. Legend also announced on Monday that it would join a group of...
Tags: Lenovo Group Ltd., Legend Holdings Ltd., China Oceanwide Holdings Group, Digital China, Chinese Academy of Science, billion yuan