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Manage Housing prices surge 7.1 percent in 70 cities Number of central SOEs cut to 155 in China China National Petroleum wins US$43.6m pipeline contract in Kenya SVW to develop new model for Chinese, US markets China shuts down 156 small thermal power generating units in first half year PetroChina tops rivals in 1st-half production Resources Insurers set to pay US$90m in flood claims China's fiscal revenue reaches 2.6 trillion yuan in first half CDB's non-performing loan ratio drops to 0.68 pct Auditor finds US$1.23b in irregular loans Auditor reclaims US$4.7b misused money in funds ETF to track mainland's blue-chip stocks Industry Domestic stocks little changed on Tuesday Shanghai shares jump nearly 4 percent on Monday Increase in metal prices spur for Western Mining Shares soar almost 4% on robust expectations for banks, developers Beijing's CBD hosts 4,500 companies Buoyant market fuels domestic M&A boom

More than 200 mln cellphones sold in China in first half BEIJING, July 24 (Xinhua) -- China's mobile phone sales jumped to a record 266.8 million in the first six months this year 33.4 percent up from the same period last year, the Ministry of Information Industry (MII) announced on Tuesday. Sales revenue hit 161 billion yuan (21.2 billion U.S. dollars), up 29.6 percent. Meanwhile, the price for handsets fell. From January to May, the average price was four to seven percent lower than the same period last year, and for domestic producers, the price was even 15 to 20 percent down. Nokia saw its market share expand in the first five months from last year's 10.5 percent to 18.1 percent, and its GSM mobile phone sales rose from last year's 25.1 percent to 36.6 percent of the national total, on top of its strategy of penetrating both high-end and low-end markets.

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