Electronics Industry in China

Competition from entry-level smartphones pushes TCL to likely loss

TCL Multimedia Technology sells two-thirds of its TVs on the mainland. Photo: AFP

Mobile phone maker TCL Communication expects to see losses for the first quarter of 2013, although the company said growth might be restored in the following three months after a complete launch of its new smartphones.

Wednesday, 27 February, 2013, 1:34am

Industrial firms shrug off costs and tight policies as earnings rise 32pc

The profits of mainland industrial firms rose 32 per cent in the first quarter compared with a year ago, suggesting businesses are weathering higher production costs and the government's tightened monetary policies.

Profits rose to 1.06 trillion yuan (HK$1.26 trillion) in the first three months of 2011, the National Bureau of Statistics said on its website yesterday.

28 Apr 2011 - 12:00am

Zhongwang profit up 29pc as first-half sales to US double

Liaoning-based aluminium extruder China Zhongwang Holdings, which has been mired in controversy since its listing in May 2009, said first-half sales to the United States doubled from a year earlier as it continued to fight accusations of dumping.

11 Aug 2010 - 12:00am

China statistics

Xdlong's domestic sports wear brand market share in 2007 6.4 per cent

China's expected GDP growth in 2008 9.4 per cent

China's urban population growth 2005-2030 562 million to 878 million people; percentage growth: more than 56

Annual disposable income per capita of urban residents US$1,000 for the first time in 2003

19 Jun 2008 - 12:00am

Military to tap markets for 60b yuan

National defence to modernise, upgrade shareholding structure over the next five years

26 Dec 2007 - 12:00am

Trade surplus soars 56pc to US$23.9b

September surge pushes mainland forex reserves to record, adding pressure for increase in rates

The mainland's trade surplus, bank lending and foreign reserves all surged last month, boosting the ocean of cash sloshing around in the economy and intensifying pressure for a further interest rate rise.

13 Oct 2007 - 12:00am

Trade surplus surge adds to yuan pressure

The mainland's trade surplus surged last month to the second-highest level on record, fuelling pressure for a more rapid appreciation of the yuan and increasing tensions with importing countries.

The politically sensitive trade gap rose 67 per cent to a higher than expected US$24.35 billion.

11 Aug 2007 - 12:00am

Mainland trade surplus rises 85.5pc

Record imbalance gives critics in US Congress more ammunition to attack the yuan

China's politically sensitive trade surplus hit a new record last month, providing more ammunition to critics who say that despite recent gains in the yuan, the nation's exporters still had an unfair advantage.

11 Jul 2007 - 12:00am

Value of exports continues to rise

Updated at 6.16pm: The value of exports of electrical and electronic products and wearing apparel recorded significant year-on-year increases in the three months ended March, figures released on Thursday showed.

11 May 2006 - 12:00am

Foreign investors line up after GDP revision balances books

China's chief statistician, Li Deshui, stunned the world in December when he admitted that for the past 10 years his number-crunchers had been getting their sums wrong.

A detailed re-count of China's economic output revealed that the mainland's gross domestic product for 2004 was not 13.7 trillion yuan, as previously announced, but 16 trillion yuan.

6 Mar 2006 - 12:00am

Foreign trade growth tipped to slow

Slowdown attributed to economic controls and prospects of yuan appreciation, but total still forecast to hit US$1.4 trillion

The mainland's robust foreign trade growth will slow sharply for the rest of the year, says a senior Ministry of Commerce official who predicts total trade for the year will hit US$1.4 trillion.

20 Sep 2005 - 12:00am

Textile exports drive surging growth

Analysts say the massive trade surplus may renew pressure for a yuan revaluation

Surging textile shipments helped fuel double-digit growth in China's exports in the first two months of the year, resulting in a gross domestic product-boosting trade surplus that analysts say may soon spark renewed calls from the United States for a yuan revaluation.

11 Mar 2005 - 12:00am

China exports hit US$262b

China's exports soared 21 per cent to US$262.5 billion (HK$2.04 trillion) in the first 10 months of the year, making it one of the fastest growing export markets in the world, according to figures released on the sidelines of the 16th Communist Party Congress.

14 Nov 2002 - 12:00am

China's exports and production surge

China's economy remains in high gear, with official data showing exports and production surged last month, confirming the mainland's status as one of the few engines of global economic growth.

Exports rose 33.1 per cent last month compared with a year earlier, according to the Ministry of Foreign Trade and Economic Co-operation, while industrial production rose 13.8 per cent.

16 Oct 2002 - 12:00am

Global slump hits Shenzhen trade growth

Last year was difficult for Shenzhen given the worsening foreign trade environment and information-technology slump triggered by the global economic downturn, official statistics have confirmed.

26 Apr 2002 - 12:00am