Shanghai Daily: Business
Shanghai Daily Business



Productive spurt puts economy in 'overdrive' (Mar 12)
CHINA'S economy grew even more bullish in February, with rising industrial production, investments, retail sales and trade. However, the approval of new loans dropped sharply and consumer and producer prices advanced...


Mortgage lending falls over 50% (Mar 12)
NEW individual mortgages fell more than half in Shanghai in February as home buyers sat on the sidelines during the Spring Festival holiday. Banks in the city extended 7.86 billion yuan (US$1.15 billion) of individual...


Curbs on rise in loans hit new credit (Mar 12)
NEW credit in China in February fell on government moves to limit lending growth to avoid overheating, according to the latest monthly economic data. Banks in China extended 700.1 billion yuan (US$103 billion)...


NPL Ratio Of China's 5 Big Banks Drops To 1.8% (Mar 12)
THE non-performing loan ratio of China's five major banks shed 1 percentage point from the start of 2009 to 1.8 percent at the end of the year, the China Banking Regulatory Commission said yesterday. Their combined...


Subsidies and higher prices lift retail sales (Mar 12)
CHINA'S retail sales grew steadily in the first two months of this year, bolstered by renewed subsidies for buyers of auto and home appliances and also higher consumer prices. Some analysts expected a faster growth...


Shanghai's Factories Shine (Mar 12)
SHANGHAI'S industrial production jumped 17.5 percent in February from a year earlier to 182.1 billion yuan (US$26.6 billion), the Shanghai Statistics Bureau said yesterday. Output in state-owned enterprises rose...


Industrial output gives weight to recovery on track (Mar 12)
CHINA'S industrial output growth accelerated in the first two months of this year, signaling a consolidated recovery, the National Bureau of Statistics said yesterday. Industrial output expanded 20.7 percent...


Standing tall (Mar 12)



CSRC identifies 5 main tasks (Mar 12)
THE securities regulator will work toward getting overseas companies to list on the Chinese mainland as part of its five key tasks, the head of the China Securities Regulatory Commission said in Beijing on Wednesday. ...


Investors worry over tighter policies (Mar 12)
HONG Kong stocks ended marginally firmer yesterday as worries over monetary tightening weighed after the latest economic data from the Chinese mainland showed a pick-up in inflation. In Hong Kong, buying interest...