Smartphone shipments

CHINA’S smartphone shipments fell 5.7 percent year on year in September to 34.7 million units, according to data from the China Academy of Information and Communications Technology.

Last month, smartphones made up 95.7 percent of all mobile phone shipments in the country, said a report from the CAICT, a research institute under the Ministry of Industry and Information Technology. Overall mobile phone shipments declined 7.1 percent year on year to 36.2 million units but jumped 17.4 percent month on month.

(Xinhua) at an ongoing wine festival in Gansu Province. Statistics from the General Administration of Customs show that a total of 2.86 billion yuan of wine was imported, accounting for 49.5 percent of the total liquor and alcoholic beverage imported last year. The import total of wine tops all liquor and alcoholic beverages imported last year, said Chen Ping, with the department of market operation of China’s Ministry of Commerce at an organic wine festival in the city of Wuwei. The total wine consumption reached 1.8 million kiloliters in China last year, making China the fifth largest wine consumption country in the world, Chen said.

(Xinhua) of four companies. The China Zheshang Bank Co Ltd, Beijing Zuojiang Technology Co Ltd, Jiangsu Jinji Industrial Co Ltd and NCS Testing Technology Co Ltd will be listed on the A-share market, the China Securities Regulatory Commission said in a statement. It did not specify the total amount of funds to be raised. Under the current IPO system, new shares are subject to approval from the CSRC.

(Xinhua)