Qingdao Jimo：Online Clothing Wholesale Platform Launch Soon

China＇s national scale enterprises completed fabric output of 4.98909 billion meters in March of 2010, and 13.22906 billion meters in the first quarter, an increase of 17.64 percent year on year, according to the latest statistics from the statistics Center of China Textile Industry Association.     

China Telecom＇s net profit down 27.5% in H1

China Telecom Corp, Ltd., China＇s largest fixed line service provider, said on August 27 that net profits fell 27.5 percent from a year earlier in the first half of this year on losses of fixed-line subscribers and increased costs on mobile services. Net profits stood at RMB 8.41 billion （US$1.23 billion U.S. dollars） in the first half, excluding gains from fees collected from installation of fixed lines. Earning per share was RMB 0.1, the company said in its statement to the Hong Kong Stock Exchange. Revenue rose 14.8 percent year on year to RMB 102.55 billion from January to June. The company said it didn＇t plan to pay an interim dividend, but would consider the matter at the end of the year.     

Retail sales： 17.9% ↑ in Q1

China＇s retail sales, the main gauge of consumer spending in the world＇s fastest-growing economy, rose 17.9 percent year on year to RMB 3.64 trillion （US$532.56 billion） in the first quarter this year, the National Bureau of Statistics （NBS） said on April 15.     

Net profit of China＇s largest property developer up 30% in first nine months

China Vanke, the country＇s largest property developer by market value, said on October 25 that it raked in a net profit of RMB 2.96 billion （US$433.38 million） in the first three quarters of this year, up 29.9 percent year on year.     

China''''s Technology Imports up 56.5% in First Seven Months

China signed almost 6,400 technology import contracts worth US$14.83 billion in the first seven months of 2006, up 56.5% year on year, according to the Ministry of Commerce. Technological transfer fees included in the contracts were valued at US$9.12 billion, according to a MoC report.     

China＇s Trade Surplus Expected to Exceed US$4100 bin in First Half

China＇s trade surplus will top US$100 billion in the first half of the year, up 60% on the same period of last year, ananalyst with the General Administration of Customs told Xinhua.     

Data Watch on China's Foreign Trade and Investment in the First Five Months of 2011

According to the Statistics of China Customs, China's imports and exports registered US$1401.79 billion in the first fives months of the year, an increase of 27.4% year on year, 16.6 percentage points lower than the same period of last year, Specifically, exports reached US$712.38 billion, an increase of 25.5%, 7.7 percentage points lower than the same period of last year; imports reached US$689.41 billion, an increase of 29.4%, 28.1 percentage points lower than the same period of last year.The trade surplus stood at US$22.97 billion, a decline of 35.1%.     

Urban fixed-asset investment： 30.5%↑ in first 4 months

China＇s urban fixed-asset investment in the first four months rose 30.5 percent year on year to RMB 3.71 trillion （US$543.2 billion）, the National Bureau of Statistics announced on May 12.     

China urban fixed-asset investment： 32.9% ↑ in first five months

China＇s urban fixed-asset investment in the first five months rose 32.9 percent year on year to RMB 5.352 trillion （US$787 billion）, the National Bureau of Statistics announced on June 2.     

China construction Bank： net profit 34.1% ↑ in2008

China Construction Bank reported a net profit of RMB 92.6 billion （US13.6 billion） in 2008, up 34.1 percent year on year, with earnings per share up 33.3 percent at RMB 0.4, the bank said on March 27.