China's automotive industry is expected to face excess capacity by 2012, and 14 of the country's largest auto makers will have a combined output of 23 million units, compared to demand of 20 million units at that time, according to the China Business Journal.The National Bureau of Statistics pointed out that the...
By the end of 2015, Taiwan鈥檚 green-energy industry will get an estimated NT$200 in private investment and its output value will reach NT$1.15 trillion, sources reported, citing Wang Yunming, director of Taiwan鈥檚 energy administration.The industry will also provide new 110,000 jobs in the period.The...
Guangdong Province, which plans to spend RMB 104.3 billion on the overall development of 45 strategic new industries and high-tech projects, has earmarked RMB 24.08 billion for this year, according to the Draft Plan for Key Projects in 2010 recently released by the Guangdong Development and Reform...
Jiangxi Province, located in the southeast part of China, will spend as much as RMB 40 billion on a new aviation industry base and related infrastructure and manufacturing facilities, said Yao Mugen, director of the Jiangxi Development and Reform Commission.Yao said the base will cover 25 square kilometers and...
China鈥檚 game industry, a new and fast-growing industry in the country's service sector, exported US$109 million worth of online games in 2009, 53.9% more than in 2008.There were 64 products from 29 online game companies sold overseas last year.Because of this good progress, the General Administration of...
Despite the world economic crisis, China鈥檚 shipbuilding industry grew rapidly last year, as reflected in all the relevant statistics for 2009.The gross output value of shipbuilders above the designated size was RMB 548.4 billion, up 28.7% year on year. The export value of ships and related products was US$28.36 billion,...
China's telecom industry saw an estimated RMB 842.43 billion in revenue in 2009, 3.9% more year on year, the Ministry of Industry and Information Technology said last week.The 3.9% increase was much smaller than the GDP growth of 8.7% that year, and in fact was the smallest on record.Wireless telecom...
China's total output value of press and publishing industry amounted to more than RMB 1 trillion in 2009, reflecting a year-on-year increase of 20%, to the official Xinhua News Agency reported. Liu Binjie, administrator of China's General Administration of Press and Publication, on Wednesday said that China...
China's civil aviation industry saw a net profit of RMB 12.2 billion in 2009, compared with a loss of RMB 28 billion a year ago, according to figures released by the Civil Aviation Administration of China, the official Xinhua News Agency reported yesterday.Boosted by booming air travel demand, domestic airlines in...
China's steel industry realized profits of RMB 143.3 billion in the first 11 months of last year, according to statistics released by the Ministry of Industry and Information Technology yesterday.The country's major steel mills earned a combined profit of RMB 44.8 billion in the period, 67% less than in the same period of...