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Among 53 listed central State firms that have so far filed annual reports with the Shanghai and Shenzhen stock exchanges, 43 firms, or more than 80 percent, witnessed surging profits last year.

American Standard is seeking to team up with leading Chinese real estate developers, including Evergrande, Country Garden and Vanke, to further tap Chinese market in the second quarter of this year.

Among them were 10,861 companies involved in medical material imports and exports that had registered with customs authorities throughout China, accounting for 27.5 percent of the total newly-registered enterprises during the three-month period.

Among the 15 firms reporting a profit growth in the month, CITIC Securities, one of China's leading brokerage firms, topped the ranking with a profit of 741 million yuan.

American Airlines said about 45 days will be needed to train pilots on the new software after the FAA approves the update.