China News Direct

 
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Harbin, Heilongjiang relaxes Russian border trade
(Nov 02, 2017) HARBIN, Heilongjiang - Harbin Export Import Inspection and Quarantine Bureau (HIQB) issued a new rule to let generally accepted industrial products to be exported to Russia without further testing, a new measure that speeds cross-border e-commerce. In the first three quarters, cross-border e-commerce suppliers through Harbin, Heilongjiang province ...
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Kunming, Yunnan bright spot for trade exhibition
(Sep 29, 2017) KUNKING, Yunnan - Trade exhibitions brought Kunming, Yunnan over RMB800 million of incomes in the first half of 2017, yet bright opportunities in south China are still waiting. Trade exhibitions and conventions businesses have flared well in the city of Kunming, Yunnan province. They pulled related services of a value of RMB7.15 billion in the ...
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Rural online spending begins to pick up steam
(Mar 03, 2017) BEIJING - Rural Chinese spent over RMB890 billion online in 2016, of which over 60% was done in eastern provinces. Spending on consumer goods by Chinese people living in rural areas and villagers is climbing. Last year, those in central and western provinces spent more than those in eastern provinces. Their quests for physical goods and services were ...
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China Electronics Tech builds internet-of-object from Wuxi, Jiangsu
(Mar 02, 2017) WUXI, Jiangsu - The city government of Wuxi, Jiangsu province signed a strategic alliance agreement with China Electronics Technology HIK (CETHIK) on 28 February to build an industry base of internet-of-things in Wuxi city. CETHIK will build an internet-of-object industry base starting at Wuxi High Technology ...
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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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China Southern in league with American Airlines
(Mar 30, 2017) GUANGZHOU, Guangdong - China Southern Airlines signed several agreements with American Airlines, which included a US$200 million share subscription, to make business ties closer. The two airlines will fly more passengers across cities of their countries, planning to take their businesses to higher levels of cooperation. American Airlines will ...
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Airports formally ranked after June
(Apr 01, 2017) GUANGZHOU, Guangdong - Starting in June, an airport service quality assessment system will be put in place in China, the first such benchmark to lift airport standard. Flight delays have become notorious, which can be economically costly for many airports. The new benchmark tries to get local airports in line with international standards. For airports handling over 10 ...
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Pangang tops up B2B trade
(May 09, 2017) CHENGDU, Sichuan - Panzhihua Iron and Steel (Pangang) plans to take its B2B trading platform of iron and steel to trading of other commodities such as chemical, vanadium or non-steel, transacting over RMB100 billion of materials in several years. Owned by Anshan Iron and Steel Group (Ansteel), Pangang is already one of China's top 100 commodity trading enterprises. Its online trading ...
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E-commerce climbs 21% in Shanghai Jan-Apr '17
(May 26, 2017) SHANGHAI - Shanghai's e-commerce transactions continued to climb in value during January to April with consumer-level transactions, especially transactions for services, rising faster than all the rest. From January to April, there were all kinds of e-commerce transactions of RMB606.12 billion in Shanghai, an increase of 20.9% over a year ago. In ...
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Henan FTZs to sign up 10,000 companies
(Jun 13, 2017) LUOYANG, Henan - About ten thousand companies are expected to have registered in Henan's Free Trade Zones (FTZs) by the end of this year, pooling energy for Henan's advanced industries and services. The province's data reveal that about 4,274 local companies registered and applied for a business permit in Henans FTZs ended this May. On average, there were a hundred ...
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