China’s first organic light emitting display (OLED) assembly line, which became operational in Kunshan, Jiangsu province, Wednesday, is expected to ease the country’s reliance on imported displays from Japan and South Korea, China Business News reported. The 30,000-square-meter plant cost US$73.34 million (RMB500 million) to build and has capacit...

Poly Real Estate Group (600048.SH) said Wednesday it earned US$220.04 million (RMB1.5 billion) in sales revenue during the 7-day National Day holiday, the Shanghai Securities News reported. The bulk of the revenues came from new projects in Shanghai, Beijing, Guangzhou, Hangzhou, Tianjin and Chengdu. The China Real Estate Top 10 Research Team said in a new r...

Evergrande Real Estate Group (also known as Hengda Real Estate Group) sold US$699.42 million (RMB4.79 billion) worth of properties over the 7-day National Day holiday, the Securities Times reported. It launched 18 projects during the period encompassing more than 20,000 units across 12 major cities, including Guangzhou, where it is based, Chengdu, Shenyang, ...

It has been a largely forgettable year for garment makers after credit woes in key export markets ate into new orders. But as China Business News reports, the domestic market is picking up the slack