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CNOOC's net profit drops 7.9% in Q1 2025

Guangzhou (JLC), April 30, 2025--CNOOC's net profit fell by 7.9% year on year in the first quarter (Q1) of 2025 amid lower oil prices, according to the company's quarterly report released on April 29.

04-30-2025 18:51:59

Sinopec's net profit slumps 16.8% in 2024

Guangzhou (JLC), March 24, 2025--Sinopec's net profit attributable to its shareholders plunged by 16.8% in 2024, mainly due to decreasing prices of most products and shrinking sales of some products.

03-24-2025 16:24:31

China sees record-high passenger trips during Chunyun

Guangzhou (JLC), February 25, 2025--China wrapped up the 40-day Spring Festival travel rush (Chunyun) for 2025 with approximately 9.02 billion passenger trips completed, which set a record high.

02-25-2025 18:57:05

Stimulus package helps boost October’s economic indicators

Guangzhou (JLC), November 15, 2024 – China’s economy showed stable growth in October, with major indicators recovering notably and positive factors accumulating.

11-15-2024 17:44:46

National Day holiday trips to exceed 1.9 billion

Guangzhou (JLC), September 29, 2024--The Ministry of Transport of the PRC forecast that approximately 1.94 billion Chinese people will travel during the seven-day National Day holiday (October 1-7), w

09-29-2024 16:26:18

China steps up trade-in and equipment upgrade policy

Guangzhou (JLC), July 26, 2024 – China has strengthened the policy to support large-scale equipment upgrades and consumer goods trade-ins by arranging a large amount of funds for it.

07-26-2024 18:54:34

Sinopec tops “Most Valuable Chinese Brands” for first time

Guangzhou (JLC), May 13, 2024 – Sinopec Group topped the list of "2024 Chinese Brand Value Evaluation” jointly released by renowned organizations.

05-13-2024 18:59:56

China's CPI rallies in February, PPI slips

Guangzhou (JLC), March 11, 2024 – China's consumer price index (CPI), a main gauge of inflation, rose 0.7% year on year in February 2024, data from the National Bureau of Statistics (NBS) showed.

03-11-2024 17:43:28

China wraps up Chunyun with record-high passenger trips

Guangzhou (JLC), March 8, 2024 – China wrapped up the 40-day Spring Festival travel rush (Chunyun) for 2024 with 8.42 billon passenger trips completed, a record high for the corresponding period.

03-08-2024 19:17:42

China's manufacturing PMI drops in February

Guangzhou (JLC), March 1, 2024 – China's manufacturing purchasing managers' index (PMI) fell in February, staying below the critical 50% mark, a line that separates growth from contraction.

03-01-2024 14:01:01

China's manufacturing PMI drops in November

Guangzhou (JLC), November 30, 2023 – China's manufacturing purchasing managers' index (PMI) continued to ease in November, staying below the critical 50% mark.

11-30-2023 15:21:07

China's manufacturing PMI drops in October

Guangzhou (JLC), October 31, 2023 – China's manufacturing purchasing managers' index (PMI) fell in October, dropping below the critical 50% mark, a line that separates growth from contraction.

10-31-2023 18:39:49

China's economy keeps improving in first three quarters

Guangzhou (JLC), October 18, 2023 – China's economy continued to improve in the first three quarters of 2023, with the industrial output, service sector, retail sales, fixed-asset investment growing.

10-18-2023 18:09:04

China sees upsurge in mobility during “Golden Week” holiday

Guangzhou (JLC), October 7, 2023 – China has witnessed a surge in domestic mobility since September 29, as the prolonged “Golden Weekrekindled people's passion for travel.

10-07-2023 18:01:18

China's economy keeps improving in August

Guangzhou (JLC), September 15, 2023 – China's economy continued to improve in August, with the industrial output, service sector, retail sales, fixed-asset investment all registering growth.

09-15-2023 16:32:52

China's manufacturing PMI keeps improving in August

Guangzhou (JLC), August 31, 2023 – China's manufacturing purchasing managers' index (PMI) came in at 49.7% in August, up 0.4 percentage points from July.

08-31-2023 16:12:46

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