China News Direct

 
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Tangerine farming glows in west Guangdong
(Dec 31, 2007) The township of Nansheng in Yun'an county of Yunfu city in western Guangdong expects its 2007 tangerine output to reach RMB340 million. Nansheng, the largest tangerine growing area in the province with 90% of its farmers growing tangerines, is expected to harvest 85,000 tons of the fruit in 2007. The ...
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Guangdong Sihui emphasizes jade and tangerine trades
(Dec 31, 2007) Sihui city in the southern Chinese province of Guangdong has attracted 37 investment projects in tangerine and jade gem stone trade in December 2007. Sihui held an investment fair on tangerine and jade trades to facilitate closer ties between domestic and foreign companies. It has signed 20 contracts with ten ...
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Hefei foreign investment hits US$1 billion in 2007
(Dec 29, 2007) The Hefei Municipality in Anhui province has recorded actual foreign investment of US$1 billion by the end of 2007, a 39% growth from 2006. Direct foreign investment from Chinese and foreign firms in Hefei has considerably risen by 131% to US$870 million in 2007 from 2006. There are 121 new ...
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HSBC sees strong internal demand and inflation in 2008
(Dec 29, 2007) HSBC has revised the 2007 GDP growth of Hong Kong from 5.3% to 5.9% due to Hong Kong's strong internal consumption and inflationary pressure. HSBC Asia Pacific strategist and economic consultant George Leung has released a new economic forecast putting Hong Kong's economic growth at 5% for 2008. Hong Kong's ...
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300 million children creates large toy market in China
(Dec 28, 2007) The 300 million children in China imply a huge toy market potential, says toy manufacturers in Hong Kong. Hong Kong Fortech Holdings Limited, a toy and electronic products company, anticipates 2007 sales to show a growth due to rising per capita income in China. Education toys such as notebook-like learning ...
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Business in residential buildings resumes in Beijing
(Dec 28, 2007) Beijing Administration for Industry and Commerce (BAIC) has lifted a ban on companies running commercial operation in residential buildings according to a guidance effective on December 26, 2007. Beijing citizens no longer need to submit an application to the Beijing Municipal Construction Committee before running a business or engaging in ...
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Overseas Chinese scholars return home for entrepreneurship
(Dec 27, 2007) The booming Chinese economy attracts Chinese scholars abroad to return home and set up their own business, says Zhang Xinsheng, Vice Minister of the Ministry of Education. Nearly 300,000 out of a total of one million Chinese scholars abroad have come home to start a business by late December 2007. ...
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Zhejiang brings in food safety index to ensure quality
(Dec 27, 2007) Zhejiang province in the eastern China plans to launch a food safety index scheme in 2008 to enhance food safety supervision and risk evaluation. Zhejiang Food and Drug Supervision Bureau will conduct a safety test on daily food according to the food intake of local citizen, says Lu Weigang, Deputy ...
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China food production breaks records
(Dec 27, 2007) China's Minister of Agriculture Sun Zheng Cai says 2007 is a good year of harvest because of the success in overcoming serious natural disasters including insects. It is expected that yearly food production will exceed one thousand billion catties to realize a 4-consecutive-year production rise and record 4 record highs ...
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Chinese peasants turn to brandname appliances
(Dec 24, 2007) As the government will subsidize peasants to buy electrical appliances, many well-known brandnames such as Skyworth, Konka and Lenovo have hyped themselves up to grab a piece of the Chinese rural market pie. Experts say peasants in China are transformed in recent years and they see increasing demands for household ...
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