China

China: Profits in industrial firms up 34.3%

Profits of China’s industrial enterprises rose 34.3 percent year on year to 645.5 billion yuan (about 97.8 billion U.S. dollars) in the first two months this year, the National Bureau of Statistics (NBS) said Sunday. The main business sales revenue of the industrial enterprises of scale — referring to enterprises with annual primary business sales revenue exceeding 20 million yuan each, instead of the previously used threshold of 5 million yuan — climbed 31 percent from one year earlier …

Published

10 years ago

March 28, 2011

Siriporn

The main business sales revenue of the industrial enterprises of scale — referring to enterprises with annual primary business sales revenue exceeding 20 million yuan each, instead of the previously used threshold of 5 million yuan — climbed 31 percent from one year earlier to 10.7 trillion yuan in the January-February period, the NBS said.

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China

RCEP and China: Reimagining the future of trade in Asia

The Regional Comprehensive Economic Partnership (RCEP) could eventually usher in an era of much deeper regional integration: for corporates doing business in the region, their future success may well hinge on how adeptly they manage to navigate the evolution of Asia’s trade landscape under the RCEP.

Published

1 month ago

December 16, 2020

Headline Editor

Last month, 15 countries in the Asia-Pacific region – including the 10 member states of the Association of Southeast Asian Nations (ASEAN) as well as China, Australia, Japan, New Zealand, and South Korea – signed the landmark Regional Comprehensive Economic Partnership (RCEP) on the final day of the 37th ASEAN Summit.

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China

Thailand ready to ink big Chinese-backed trade deal

The RCEP will cover all 10 Asean member states plus five partners: China, Australia, Japan, New Zealand, and South Korea and will take effect from the middle of 2021 if at least six Asean members and three partners agree to its terms.

Published

2 months ago

November 13, 2020

Olivier Languepin

Thailand is set to sign the world’s biggest free trade agreement with Japan, China, South Korea and 12 other Asia-Pacific countries at the 37th Asean Summit this week.

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Business

Great Wall Motor (China) takes over GM factory in Thailand

The Thai production hub will become operational in the first quarter of 2021 with automobile production capacity of 80,000 units per annum.

Published

3 months ago

November 4, 2020

Zhong Li

Chinese carmaker Great Wall Motor (GWM) hosted a ceremony on November 2nd to celebrate the latest milestone in taking full ownership of Rayong Manufacturing Facility in Thailand.

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