China News Direct

 
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Bio companies reiterate commitment to breaking through
(Oct 20, 2017) QINGDAO, Shandong - AUCMA and BGI Genomics have developed China's first automatic bio-sample taking machine operable in ultra low temperature, a breakthrough in China's bioengineering. The use of industrial robots has been broadened in China where robotic hands can do work in extreme conditions. AUCMA and BGI Genomics have just ...
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Pharmaceutical imports to Shanghai up 16.2% in 2016
(Jan 24, 2017) SHANGHAI - Shanghai imported RMB71.86 billion of pharmaceutical products in 2016, up 16.2% over the previous year but the growth trend was halted in December, according to Shanghai Customs. For the first time in 16 months, Shanghai's import of pharmaceuticals declined in value in December over that of November. In December 2016, Shanghai ...
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China slashes restrictions to ease foreign investments
(Mar 24, 2017) SHANGHAI - Certain shareholding restrictions put on foreign investors in Chinese companies will be lifted, according to Ministry of Commerce spokesperson Sun Jiwen. Based on the Catalogue for the Guidance of Foreign Investment Industries revised in 2015, the Ministry of Commerce will further revise the Catalogue to make foreign ...
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State firms reap RMB445bn profits in four months
(May 27, 2017) BEIJING - Most of the 102 state-run companies in China were able to make a profit from January to April, and those in services reaped the most rewards. Out of the 102 state-owned enterprises, 98 were making a profit thanks for a mix of strategies to promote lean and mean operation. During the period of January to April, state firms were largely ...
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Sanqi ISO aligns brand with substance
(Jun 08, 2017) KUNMING, Yunnan - Yunnan province has adopted an ISO standard for Sanqi (notoginseng) herbal medicine, since the beginning of this year, that will help her build a Sanqi industry with stronger brand and substance. In propelling the Sanqi herbal medicine industry, Yunnan province is moving along with international standard. Since this January when the ISO of Chinese ...
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China picks more high-tech service outsourcing
(Jun 27, 2017) SHANGHAI - Chinese companies undertook service outsourcing work of RMB28.69 billion in countries and regions along Belt and Road from January to May, getting much value of work from services. The amount of service outsourcing work did in countries and regions along Belt and Road posted a 36.8% increase to RMB28.96 billion during the five ...
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Consumption boosts Shanghai's import in 1H '17
(Jul 24, 2017) SHANGHAI - Shanghai imported and exported RMB1.6 trillion of goods in the first half of 2017, ranking just after Guangdong province and Jiangsu province in terms of trade value. Shanghai's import and export trades shared 11.8% of China's total in the first six months. Her import seemed to do better than export, driven most likely by consumption. ...
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Guoxin Jinyao and U. of Adelaide ahead in astragalus research
(Jul 12, 2017) TAIYUAN, Shanxi - Shanxi Guoxin Jinyao Group Co. Ltd. and the University of Adelaide, Australia have formed a joint research team to study and develop a series of products out of the Chinese herbal medicine astragalus propinquus. Hengshan areas in Taitong city, Shanxi province is well-known for growing ...
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State firms collaborate on R&D for more
(Sep 14, 2017) BEIJING - State-owned companies in China have invested more in R&D which climbed to a total value of RMB380 billion in 2016, equivalent to an average year growth of over 20% over the past few years. State-owned companies in China, in whichever fields, have more resources and state back-up in conducting R&D. Parts of the fruits of these R&Ds are national recognition ...
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Lyondell Basell starts production in north China
(Sep 22, 2017) DALIAN, Liaoning - Lyondell Basell has completed building a polyolefin factory in Dalian's Jinpu New Area, Dalian city, Liaoning province, opening its third production centers in China. Invested over RMB300 million, the polyolefin factory has just been completed its first phase of construction. It is designed to produce yearly 20,000 tons of ...
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