China's coal imports up 18.3% in July

China's coal imports up 18.3% in July

Aug 9 (Chinese General Administration of Customs) - China saw its coal imports rise 18.3% year on year to 28.65 million metric tons in Jul this year, according to statistics released by the General Administration of Customs.

The imports last month reflected an increase of 28.13% from Jun.

The average import price of coal was at US$86.2 per metric ton last month, down 16.8% year on year.

In the first seven months of this year, the country's coal imports amounted to 187 million tons, 13.97% more than in the same period of last year.

In 2012, China imported a total of 290 million metric tons of coal, 29.8% more than in 2011. The average import price was US$99.5 per metric ton in the year.

China's exports up 5.1% in Jul

Aug 9 (China Knowledge) - China, the world's largest exporter, saw its exports grow 5.1% year on year to RMB 1.15 trillion or US$185.99 billion in Jul 2013, according to the latest statistics released by the General Administration of Customs (GAC).
 
Last month, the country's imports grew 10.9% year on year to RMB 1.04 trillion or US$168.17 billion, taking its foreign trade to a total of RMB 2.19 trillion or US$354.16 billion in the month, 7.8% more than in the same period of 2012.

In Jul, China's foreign trade under general trade hit US$195.35 billion, reflecting a year on year increase of 11.9%, while its foreign trade under processing trade dropped 0.4% year on year to US$109.62 billion.

China's trade with the E.U. and the U.S. were at US$50.33 billion and US$44.31 billion in Jul, up 5% and 10% year on year, respectively. China's trade with the ASEAN member countries and Hong Kong rose 13.1% and 2.8% year on year to US$37.17 billion and US$29.28 billion in the period, respectively.

Last month, China's foreign invested companies realized US$162 billion in foreign trade value, up 2.4% year on year, while the country's state owned enterprises and private enterprises generated US$67.05 billion and US$117.1 billion in foreign trade value, up 7.1% and 15% year on year, respectively.

China exported US$102.85 billion worth of mechanical and electrical products in Jul, up 4% from a year earlier, while its export of labor intensive products rose 8.7% year on year to US$43.14 billion.

 China issues RMB 534.2 billion bonds in Jun

Aug 2 (China Knowledge) - China's debt market issued RMB 534.2 billion worth of bonds in Jun this year, reflecting a year on year decrease of 34.6% or a month on month decrease of 43.3%, according to statistics released by People's Bank of China (PBOC), the country's central bank.

Last month, the inter-bank market issued RMB 512.8 billion worth of bonds, reflecting a year on year decrease of 33.9%.

In the first half of this year, China's debt market issued a total of RMB 4.3 trillion worth of bonds, 21.5% more than in the same period of 2012, including RMB 4.1 trillion issued from the inter-bank market, up 19.8% year on year.

As of the end of Jun, bonds under the market custody amounted to RMB 28.2 trillion, of which RMB 26.6 trillion were under the custody of the inter-bank market, accounting for 94.84% of the total.

 China's listed securities firms' profit 61.47% in Jul

Aug 8 (China Knowledge) - The 19 securities companies listed in China booked a combined net profit of RMB 1.32 billion in Jul this year, 61.47% more than in Jun, sources reported.

The 19 brokerage firms saw their operating revenue rise 17.26% month on month to RMB 4.24 billion in Jul.

All the 19 companies saw profits in Jul, whereas six of them suffered losses in Jun.

CITIC Securities Co.<600030><6030> continued to be the most profitable brokerage firm, earning a net profit of RMB 275 million last month, while Haitong Securities Co. Ltd<600837><6837> came in second with a net profit of RMB 193 million, followed by the RMB 141 million of GF Securities Co. Ltd<000776> and the RMB 127 million of China Merchants Securities Co. Ltd<600999>.

There were three companies seeing profit declines last month. Sinolink Securities<600109>  recorded a 90.45% plunge in net profit in the month, followed by the 62.77% decline of Huatai Securities Co.<601688> and the 34.86% drop of Northeast Securities Co Ltd<000686>.

Last month, the combined turnover of both A shares and B shares grew 45.8% month on month to RMB 4.13 trillion.

 China's copper imports up 12% in Jul

Aug 9 (China Knowledge) - China, the world's largest copper consumer, imported 410,680 metric tons of unwrought copper and copper products in Jul this year, up 12% from the same month of last year, according to latest statistics released by the General Administration of Customs.

The copper imports last month were about 8% more than the 379,951 metric tons imported in Jun.

In the first seven months of this year, the country's imports of unwrought copper and copper products amounted to 2.41 million metric tons, down 15.9% from the corresponding period of last year.

The Administration also said that China imported 350,000 metric tons of waste copper last month, up from 340,000 metric tons in Jun.

From Jan to Jul, China's waste copper imports totaled 2.41 million metric tons, 9.0% less than in the same period of last year.


 China's iron ore imports up 26.39% in Jul

Aug 9 (China Knowledge) -  China, the world's largest steel maker, imported 73.14 million metric tons of iron ore and concentrate in Jul this year, reflecting an increase of 26.39% from the same month of last year and the highest monthly level ever recorded, according to the latest statistics released by the General Administration of Customs.

The iron ore imports last month were 17.4% more than in Jun.

The average import price was at US$118.5 per metric ton in Jul, down 12.2% year on year or 6.57% month on month.

In the first seven months of this year, the country's iron ore imports rose 8% year on year to 457.23 million metric tons.

China exported 5.15 million metric tons of steel products last month, taking its total exports of steel products to 35.83 million metric tons in the first seven months, reflecting a growth of 13.7% year on year.

 China's crude oil imports up 19.6% in Jul

Aug 9 (China Knowledge) - China, the world's second largest oil consumer after the U.S., imported 26.11 million metric tons of crude oil in Jul this year, 19.6% more than in the same month of last year, according to the latest figures from China's General Administration of Customs.

The crude oil imports last month were 17.78% more than the 22.17 million metric tons in Jun.

The average import price of crude oil was US$743.2 per metric ton last month, up 2% year on year.

The country saw its imports of oil products reach 3.25 million metric tons in Jul.

In the first seven months of this year, the country's imports of crude oil totaled 164 million metric tons, up 1.4% year on year.


China's Soybean imports up 3.9% Month on Month in Jul

Aug 9 (China Knowledge) - China, the world's largest soybean importer, saw its soybean import reach 7.2 million tons in Jul this year, higher than the 6.93 million tons it imported in a month earlier, according to the latest statistics released by the General Administration of Customs.

In the first seven months of this year, China's soybean import amounted to 3,469 tons, reflecting a year on year decrease of 0.7%.

The import value for the seven month period totaled US$20.99 billion, up 7.1% year on year.

According to the statistics, China imported 0.84 million tons of edible vegetable oil in Jul, leading its total import to 4.68 million tons in the first seven months, up 17% year on year.


China's natural rubber imports down 11.8% in Jul

Aug 9 (China Knowledge) - China, the world's largest natural rubber importer, imported 150,000 tons of the material in Jul this year, 11.76% less than in the corresponding period of last year, according to the statistics released by the General Administration of Customs.

Last month’s imports reflected a growth of 15.4% month on month.

In the first seven months of this year, the country's imports of natural rubber amounted to 1.32 million tons, up 13.7% year on year. The export value amounted to US$3.67 billion, decreased 7.6% from a year earlier.

From Jan to Jul 2013, China imported 887,483 tons of synthetic rubber, 5.8% more than in the same period of 2012. Export value dropped 14.6% year on year to US$2.67 billion for the period.


China's aluminum imports down 35.4% in Jan-Jul

Aug 9 (China Knowledge) - China saw its imports of unwrought aluminum and aluminum products plunge 35.4% year on year to 459,232 tons in the first seven months of this year, according to statistics released by the General Administration of Customs.

The Administration said that China imported 1.34 million tons of waste copper in the first seven months of this year, 8.4% less than in the same period of last year.

Last month, the country imported 72,368 tons of unwrought aluminum and aluminum products, up 10.38% from a month earlier.

Meanwhile, its import of waste copper increased 16.67% month on month to 210,000 tons in Jul.

China to become Sanofi-Aventis' second largest market

Jul 24 (China Knowledge) - Sanofi-Aventis, a global and diversified healthcare leader, expects its annual growth rate will stay at about 10% in China over the next five years, and the country will become Sanofi's second largest market, said Jerome Contamine, Executive Vice President at Sanofi-Aventis. Sanofi-Aventis is France’s largest specialty pharmaceutical company, and has 11 regional R & D centers in China. It has Operations in more than 100 countries, and is the first multinational pharmaceutical to have entered China. Estimated to have between 6,000 to 7,000 employees there, it is the fastest growing pharmaceutical and healthcare company in the country.

Last year, Sanofi-Aventis realized EUR 1.2 billion in revenue in China which accounted for 3% of its total revenue in global market or 12% of its revenue in emerging markets, Jerome Contamine added.

Since the company entered the China market in 1982, it has set up 6 production bases in the country including one in Beijing, two in Hangzhou of Zhejiang province and one in Shenzhen of Guangdong province.

In 2005, Sanofi-Aventis settled into Beijing E-Town, a triple A rated industrial park, to set up a high-end drug production base in the area. The annual production growth rate of Sanofi's Beijing E-Town plant reached 40% to 50%. After several years of booming development, the company invested more US$90 million to build a new assembly plant in the area in 2009. The added facility is now producing Lantus SoloSTAR, a pre-filled insulin injection, to meet the needs of China's diabetic patients.

As one of the pillar industries in Beijing E-Town, the biomedical pharmaceutical industry in the area has become a medical version of Silicon Valley. The area has attracted multinational companies including Bayer, GE Healthcare and Daiichi Pharmaceutical. In the first five months of this year, Beijing E-Town's biomedical pharmaceutical industry generated RMB 11.5 billion in industrial output value, surged 21.8% year on year and accounted for 10.3% of the area's total.

Sanofi Aventis is the world’s largest influenza vaccine manufacturing company and has done a lot of specific targeted work. It continues to work with Xiamen University, and is committed to the early development of universal flu vaccines and also to related immunological research and development. The vaccine production plant built in Shenzhen is the first foreign vaccine factory to have been built in China, with an impressive annual production capacity of 25 million flu vaccine.

During the execution of its 12th five year plan period, between 2011 and 2015, Beijing E-Town will focus on the development of its biomedical pharmaceutical industry. It aims to promote its contribution rate to over 60% in the capital.