CAR Inc's latest quarterly results have been an extension of its solid 2014 performance with gross profit up by 97% y-o-y to RMB1,239 million last year.
One of China’s most popular microblogs Sina Weibo is investing US$142 million for an as yet undisclosed equity share in Didi-Kuaidi on May 27.
China’s tourism industry recieved RMB1.12 trillion in revenue in Q1 2015, an increase of 14.7% y-o-y.
China’s aviation industry registered an on-time rate of 68.37% last year and the top five busiest airports were in the Beijing, Shanghai and Guangzhou areas.
China Southern revenues from direct sales grew by 38% y-o-y in the first quarter of 2015, as it plans to lift the proportion of direct sales by 10% this year.
Part of a three-part special series, ChinaTravelNews takes a look at the Travel industry brands that made the list. Part 1 takes a look at airlines, seeing as four of China’s largest carriers have made the list.
Chinese carriers have intensified their expansion of international operations recently, with all major carriers launching a more international services this year.
Direct investment in China’s tourism was estimated to exceed RMB3 trillion in the next three years and China welcomed the participation of Japanese companies.