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Sinopec's net profit plunges 27.6% in Q1 2025

Guangzhou (JLC), April 29, 2025--Sinopec's net profit attributable to its shareholders slumped by 27.6% year on year in the first quarter (Q1) of 2025 when oil product demand dropped.

04-29-2025 15:24:04

Kuwait's PIC acquires 25% stake in Wanhua Chemical's subsidiary

Guangzhou (JLC), April 28, 2025--Petrochemical Industries Company (PIC), a subsidiary of Kuwait Petroleum Corporation (KPC), and Wanhua Chemical Group signed an agreement on April 25.

04-28-2025 18:48:00

China's industrial profits grow 0.8% in Q1 2025

Guangzhou (JLC), April 27, 2025--Profits of China's major industrial firms increased 0.8% year on year in the first quarter (Q1) of 2025, reversing a 0.3% decrease in the first two months, data from t

04-27-2025 14:31:58

China introduces new bunker fuel policies for FTZs

Guangzhou (JLC), April 23, 2025--China has introduced a series of new policies to systematically promote the development of FTZs, with two policies related to the bunker fuel market, according to the

04-23-2025 15:45:02

China's GDP grows 5.4% in Q1 2025

Guangzhou (JLC), April 16, 2025--China's gross domestic product (GDP) expanded by 5.4% year on year in the first quarter (Q1) of 2025, according to the latest data released by the NBS.

04-16-2025 16:37:21

What does China’s energy market face amid escalating trade war?

Guangzhou (JLC), April 11, 2025--As the trade war between the United States (U.S.) and China keeps escalating, more attention has been drawn to the Chinese market. What does its energy market face?

04-11-2025 18:50:22

China's CPI and PPI both drop in March

Guangzhou (JLC), April 10, 2025--China's consumer price index (CPI), a main gauge of inflation, fell 0.1% year on year in March, slowing from a 0.7% decline in February, data from the National Bureau

04-10-2025 17:41:04

Sinopec and Aramco sign CFA to expand YASREF

Guangzhou (JLC), April 9, 2025--Sinopec and Saudi Aramco signed a cooperative framework agreement (CFA) regarding the expansion project of the Yanbu Aramco Sinopec Refining Company on April 8.

04-09-2025 18:09:16

China to impose additional 34% tariff on all goods from U.S.

Guangzhou (JLC), April 4, 2025--China will impose an additional 34% tariff on all the goods imported from the U.S., effective from April 10, in response to the additional tariff imposed by the U.S.

04-04-2025 21:15:22

China's industrial profits down 0.3% in first two months

Guangzhou (JLC), March 27, 2025--Profits of China's major industrial firms decreased 0.3% year on year in the first two months of 2025, data from the National Bureau of Statistics (NBS) showed Thursda

03-27-2025 14:42:31

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 stable economic growth in first two months

Guangzhou (JLC), March 17, 2025--China achieved steady economic growth in the first two months of 2025, with key indicators improving, according to data from the National Bureau of Statistics (NBS).

03-17-2025 18:18:58

Key index reveals rising infrastructure investment in China

Guangzhou (JLC), March 14, 2025 -- China's construction machinery operation rate climbed to 37.38% in the first two months of 2025, up 2.91 percentage points year on year.

03-14-2025 14:37:56

China's foreign trade largely steady in first two months of 2025

Guangzhou (JLC), March 7, 2025--China’s foreign trade was largely steady in the first two months of 2025, with the total goods trade volume reaching 6.54 trillion yuan.

03-07-2025 17:03:11

China unveils resilient growth target with strong policy support

Guangzhou (JLC), March 6, 2025--China has set an economic growth target of around 5 percent for 2025, reflecting a sound economic outlook despite increasing global uncertainties.

03-06-2025 18:44:55

China's manufacturing PMI rallies in February

Guangzhou (JLC), March 3, 2025--China's manufacturing purchasing managers' index (PMI) rallied and exceeded the 50% mark in February, according to the data from the National Bureau of Statistics (NBS

03-03-2025 17:37:12

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

Xi urges healthy, high-quality development of private sector

Guangzhou (JLC), February 18, 2025-- Xi Jinping on Monday urged efforts to promote the healthy and high-quality development of the country's private sector, Xinhua News Agency reported.

02-18-2025 11:07:26

China's GDP grows 5% in 2024

Guangzhou (JLC), January 17, 2025--China's gross domestic product (GDP) expanded by 5.0% year on year in 2024, in line with its annual target, according to the latest data.

01-17-2025 15:34:27

China's foreign trade gains 5% in 2024

Guangzhou (JLC), January 14, 2025--China's total value of imports and exports of goods grew 5.0% year on year to 43.85 trillion yuan in 2024, data from the GACC showed.

01-14-2025 18:45:27

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