RAISING A FEW CLAMS

PHOTO BY / FOR CHINA DAILY Fishermen digging for razor clams on the beach in Lianjiang county, Fujian province, on Monday. The history of razor clam cultivation goes back more than 500 years in Lianjiang. The clams have a breeding area of 200 hectares. The annual output value in the county now amounts to more than 50 million yuan ($8.16 million). lender part-owned by HSBC Holdings Plc, reported a higher-than-estimated 13 percent increase in second-quarter profit as fee income surged. Net income climbed to 17.1 billion yuan ($2.8 billion), the Shanghaibased lender said. That exceeded the 16.6 billion-yuan median estimate of 10 analysts surveyed by Bloomberg News. BoCom, the nation’s fifth-largest lender by market value, bucked the trend of a profit slowdown at smaller rivals Shanghai Pudong Development Bank Co and Industrial Bank Co. Fee income from services such as the sale of wealth management products jumped 30 percent to 7 billion yuan. e-mailed by the General Administration of Customs in Beijing on Wednesday. That’s equivalent to 28,900 barrels per day, the least since October, when net exports declined to 107,277 tons, Bloomberg calculations show. It’s also 2.2 percent less than in June. China, which consumes more oil than any country except the United States, shipped fewer diesel cargoes after the government cut export quotas for China National Petroleum Corp and China Petroleum & Chemical Corp, its two biggest refiners. year-on-year increase, said a report released by Analysys International. Samsung, Lenovo and Coolpad are the top-three brands in the country’s smartphone sector, with market shares of 18.2, 11.1 and 9.8 percent, respectively.