Power data sheds light on China's economic stamina

Power data sheds light on China's economic stamina

China's electricity consumption data in the January-September period pointed to strong economic resilience and potential underpinning increasingly high-quality growth.

Macro

China to further unlock consumption potential for economic growth

China to further unlock consumption potential for economic growth

As consumption continued to be the main engine of China's economic growth, the country is stepping up efforts to create a favorable environment to further unleash consumption potential.

Financials

Companies

Alibaba revenue up 40 pct in Q3

Alibaba revenue up 40 pct in Q3

China's e-commerce giant Alibaba Group on Friday reported a year-on-year revenue growth of 40 percent to 119 billion yuan for the quarter ended Sept. 30.

E-commerce giant Suning reports double rise in net income

E-commerce giant Suning reports double rise in net income

Chinese e-commerce giant Suning.com Wednesday announced in its quarterly report that its net income attributed to shareholders surged 94.28 percent year on year to about 11.9 billion yuan in the first three quarters.

BYD posts weak profit growth in Jan.-Sept.

BYD posts weak profit growth in Jan.-Sept.

China's leading new energy vehicle manufacturer BYD reported weak profit growth in the January-September period as its NEV sales slowed in third quarter.

010020070750000000000000011200000000000000