Customers try smartphones in the Pura 70 series at a Huawei retail store in Shanghai on April 19. [Photo by Wang Gang/For China Daily] China’s smartphone market saw shipments reach about 69.26 million units, an increase of 6.5 percent in the first quarter of 2024 on a yearly basis, according to a latest report by … Continue reading China’s smartphone market grows 6.5% in Q1
Tag: quarter
China’s gold consumption rises 5.94% in Q1
A shopper (right) tries on a gold bracelet at a jewelry shop in Chongqing. SUN KAIFANG/FOR CHINA DAILY China’s gold consumption rose 5.94 percent in the first quarter of 2024 from a year earlier, thanks to surging demand for safe havens, China Gold Association said on Friday. Consumption of the precious metal by the world’s … Continue reading China’s gold consumption rises 5.94% in Q1
China oil company sees strong production and profits this quarter
CNOOC booth at an expo held in Shanghai on June 9, 2021. [Photo/VCG] CNOOC Limited achieved strong growth in both net production and net profit during the first quarter of this year, the company said on Thursday. The company recorded a total net production of 180.1 million barrels of oil equivalent, representing an increase of … Continue reading China oil company sees strong production and profits this quarter
China’s smartphone market grows 6.5% in Q1
Customers try smartphones in the Pura 70 series at a Huawei retail store in Shanghai on April 19. [Photo by Wang Gang/For China Daily] China’s smartphone market saw shipments reach about 69.26 million units, an increase of 6.5 percent in the first quarter of 2024 on a yearly basis, according to a latest report by … Continue reading China’s smartphone market grows 6.5% in Q1
Calls for policy to grow country’s vehicle sales
Members of the public visit an auto expo in Dongying, Shandong province, on April 11. [LIU ZHIFENG/FOR CHINA DAILY] China’s top auto trade association is calling for favorable government policies to stimulate sales, saying domestic demand for new vehicles is one of the most important issues to be addressed this year. “We hope that the … Continue reading Calls for policy to grow country’s vehicle sales
Competitive growth from China propels Danone in first quarter
The logo of Danone. [Photo/VCG] Leading food and beverage company Danone announces its first quarter results of 2024, with consolidated sales standing at 6.8 billion euros ($7.2 billion), up 4.1 percent on a like-for-like basis, led by China’s sustained competitive growth in all categories. In the first quarter, China, North Asia & Oceania region achieved … Continue reading Competitive growth from China propels Danone in first quarter
GM China joint venture sees soaring vehicle export in Q1
Dozens of SAIC-GM-Wuling’s popular Hong Guang MINI EV are shown at an event in Shanghai. [Photo provided to chinadaily.com.cn] NANNING – SAIC-GM-Wuling (SGMW), a joint venture between SAIC Motor, General Motors and Liuzhou Wuling Motors, saw its first quarter (Q1) vehicle exports reach 49,330 units, up 48 percent year-on-year. In March alone, the company, based … Continue reading GM China joint venture sees soaring vehicle export in Q1