China's banks will outpace their peers in India and Indonesia, the best performers in Asia's banking industry over the past decade, to deliver the highest returns over the next five to 10 years, analysis firm CLSA Ltd said.

Text messages sent by Chinese people in 2009 rose 8.4 percent year-on-year to 784.04 billion, or 2.1 billion per day on average, the Beijing Times reported Saturday citing a source with the Ministry of Industry and Information Technology.

SHANGHAI: According to GE China President and Chief Executive Officer Mark Norbom, China is in the process of evolving from a low-quality product manufacturing center into a high-quality one, in which he sees vast market potential by bringing into the nation his company's environmentally-efficient products and services.