SOEs in sectors including steel, coal, petrochemical and power generation posted relatively large profit increases, while those in non-ferrous suffered significant declines.
SHANGHAI - China's leading online travel agency Ctrip reported robust revenue growth in 2018 as the company secured vigorous growth in international business and greater presence in low-tier cities.
SOEs in steel and non-ferrous metal sectors continued strong profit growth. Transportation, coal, oil and petrochemical industries enjoyed relatively large profit increases, but power generation firms suffered significant declines.
SOEs will take the lead in controlling debt level and containing the leverage ratio, and further accelerate the clearing of "zombie enterprises," the Xinhua-run Economic Information Daily reported, citing a source with the State-owned Assets Supervision and Administration Commission.
SAN DIEGO — The Trump administration wants up to two years to find potentially thousands of children who were separated from their families at the border before a judge halted the practice last year, a task that it says is more laborious than previous efforts because the children are no longer in government custody.
SAIC-GM-Wuling Automobile Co is set to rev up its production efforts in Indonesia, a major country involved in the Belt and Road Initiative that is expected to become a hub for the carmaker's sales to other Southeast Asian markets, according to a senior executive.
晋中大功率工业吸尘器
SAN FRANCISCO - Boeing CEO Dennis Muilenburg is set to testify in front of the US House and Senate committees this week about its 737 Max planes involved in two deadly air crashes that killed 346 people, the company has said.
S&P rival, rating agency Moody's, downgraded China's credit rating in May, so the S&P downgrade was not surprising, said Qiao Baoyun, head of the academy of public finance and public policy under Central University of Finance and Economics.
SHENYANG - A China-Germany industrial park in Northeast China's Liaoning province is expected to see its industrial output value exceed 83 billion yuan (.7 billion) this year, doubling the figure from 2015 when the park was established.
SEOUL - South Korea confirmed 161 more cases of the COVID-19 on Monday, raising the total number of infections to 763, while the death toll rose to seven.