Foreign trade value in the Chinese capital rose 70 percent year-on-year to $42.2 billion in January and February, Beijing's customs authorities said Saturday.
China Shenhua Energy Company Limited, the largest coal producer in the country, Friday said its net profit rose 16.6 percent to 30.28 billion yuan ($4.43 billion) in 2009 from the previous year.
Frank Newman, board chairman of Shenzhen Development Bank, tops listed banks' payroll with his 17.4 million yuan ($2.5 million) annual pay, the Beijing News reported Friday.
The new yuan-denominated loans extended by China's banks in the first two months of 2010 hit 2.09 trillion yuan ($306.17 billion), accounting for 28 percent of the nation's lending target of 7.5 trillion yuan set for this year.
Subway, the US-based sandwich-shop chain, plans to open 500 stores in the Chinese mainland during the next five years as it tries for a bigger share of the fast-food market there, said co-founder Fred DeLuca.
Shenzhen Development Bank said its 2009 net profit reached 5.03 billion yuan ($736.9 million), or 1.62 yuan per share, up 719 percent from a year earlier, thanks to a lower provisions for bad loans, rapid lending growth and higher fee income, the bank said in its annual report Thursday.
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