Business
Market Watch NO. 19, 2016
  ·  2016-05-09  ·   Source: NO. 19 MAY 12, 2016

 

NUMBERS 

12.9 mln 

Number of train trips made in China on April 30, the first day of the three-day May Day holiday, exceeding the record set during the same period last year

31.2% 

Baidu's year-on-year increase in revenue in the first quarter, thanks to increased sales from search-engine-based businesses

13.78 bln yuan 

PetroChina's net losses in the first quarter, the first loss since the company was listed in November 2007

24 

Number of provinces, municipalities and regions that posted growth rates faster than the national figure of 6.7 percent in the first quarter

380.5 bln yuan 

Financial support that the Agricultural Development Bank of China provided to rural areas, agriculture and farmers in the first quarter, double the amount given in the same period last year

4.74 bln yuan 

Net profits of the China Shenhua Energy Co. Ltd., a leading coal-based integrated energy company, in the first quarter, a year-on-year decline of 28.3 percent

18.4 bln yuan 

Profits of China Merchants Bank in the first quarter, a year-on-year increase of 6.56 percent

16.5% 

Year-on-year increase of Vietnamese exports to China in the first four months, which are estimated to reach some $5.8 billion

Copyedited by Bryan Michael Galvan

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