Operating revenues of China's private companies have grown 12.2% annually and operating profits' growth averaged 17.7% annually from 2008 through 2010, according to a report by Bank of Communications Co (SHA: 601328, HKG: 3328).
The value of transactions done via credit cards in China grew 4.6% year on year to ¥91.48 billion in Q1 2011, according to a central bank report.
Up to 41% of fee-paying software were pirated in China last year, costing the nation's software industry ¥100.99 billion, according to a survey by Cnsoftnew.com.
The Guangxi Zhuang Autonomous Region plans to invest ¥17 billion in its civil aviation sector during the next five years, according to a pact signed by the local government and the Civil Aviation Administration of China. Passenger traffic at regional airports exceeded 12 million in 2010, including 5.63 million passengers at the airport of Nanning, Guangxi's capital.
$1 = ¥6.5