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2012-05-10
Car sales stay on road to recovery
Car sales stay on road to recovery. China's passenger vehicle sales in April maintained the recovery pattern of the previous two months, easing industry worries about this year's outlook. A total of 1,150,850 cars, sport utility vehicles,
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2012-05-10
Lenovo takes on Apple, Samsung with smart TV
Lenovo takes on Apple, Samsung with smart TV. Lenovo Group Ltd, the largest PC maker in China by sales, launched its first smart TV on Tuesday in Beijing, hoping to take market share away from traditional heavyweights in the sector such as
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2012-05-10
Sales of Home Appliances to Rural Areas in First Four Months
Sales of Home Appliances to Rural Areas in First Four Months. Sales of home appliances to rural areas in China (excluding sales in provinces of Shandong, Henan, Sichuan, and Qingdao City) reached 23.34 million units in first four months of
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2012-05-08
Air conditioner sales cool down
Air conditioner sales cool down. When 35-year-old Yuan Bao stepped into a Dazhong Electronics store in the Changping district of Beijing, he found he was the only customer in the three-floor home appliance outlet. "I was really surprised
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2012-05-08
China to expand high-end equipment sector
China to expand high-end equipment sector. China is looking to triple the sales revenue of its high-end equipment manufacturing industry to 6 trillion yuan ($951 billion) by 2015, according to the sector's 12th Five-Year Plan (2011-15)
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2012-05-07
Profit tumble for domestic automakers
Profit tumble for domestic automakers. Three of China's top four domestic auto groups reported sharp drops in profit or a loss in the first quarter this year as sales declined amid a slowing economy. Dongfeng Motor Corp, the second-largest