China News Direct

 
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Small and mid-sized companies compete for liquidity
(Oct 11, 2014) HANGZHOU, Zhejiang - Small and medium-sized companies in Zhejiang province said they would stay till the bitter end but a lack of financial support or liquidity has become their biggest hurdle. A silver lining seems to have appeared for many small and medium companies although the road to really turn around business is still bumpy. There are ...
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China moderates growth for stability
(Oct 14, 2014) BEIJING - Those watching the Chinese economy may need to look at it differently as China is rather entering a stage where the Chinese authority is willing to give leeway in matters concerning the economy. Chinese Premier Li Keqiang said, in The Hamburg Summit, Germany last week, that he did not see a hard landing in the Chinese economy, and that the macro-economy is ...
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Hunan companies cast investment plans in Latin America
(Sep 15, 2014) CHANGSHA, Hunan - Chinese outbound investments in mining and infrastructure will increase as the provincial government of Hunan is initiating a number of plans to reach out to Latin America, Indo-China and Africa. The Department of Commerce of Hunan Province staged the Business Meeting for Latin America & Hunan Province, International ...
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Local governments make big moves in cross-city transport
(Dec 30, 2014) BEIJING - The municipal governments of Beijing, Tianjin and the provincial government of Hebei province formed a new company to invest in railway construction and operation, making expansive railway coverage for the capital region as a whole. For the first time, local governments see railway construction and operation going beyond ...
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Suzhou Industrial Park gains RMB advantage
(Jul 04, 2014) SUZHOU, Jiangsu - China-Singapore Suzhou Industrial Park will start trial run of four kinds of cross-border Renminbi (RMB) business, gaining a strong footing in China's international RMB business. Nodded by the People's Bank of China (PBOC), banks in Singapore will be able to lend to companies in Suzhou Industrial Park in RMB. Equity investment funds based ...
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Shanghai's overseas investment continue to climb
(Jul 03, 2014) SHANGHAI - The value of overseas direct investments (ODI) jumped 370% in Shanghai between January and May this year, fueled by Chinese companies looking for investments in high-end services in Asia and North America. Shanghai companies have invested a cumulative value of US$21.42 billion in overseas direct investments as of the end of May, when just ...
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Shanghai gives measures to neo-MNCs
(Aug 06, 2014) SHANGHAI - Foreign companies based in Shanghai functioning as regional headquarters will be able to enjoy similar favourable treatments given to multinational corporations (MNCs). Shanghai Municipal Commission of Commerce, based on the regional headquarters policy issued in 2012, announced a supplemental note in July to let small-scaled foreign companies or "neo-MNCs" ...
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China steers its way through investments
(Aug 06, 2014) BEIJING - Stabilizing economic growth through investments and reforming pinpointed sectors will be the economic tone in China in the second half of the year, a consensus shared by many experts. The central politburo held a meeting on 29 July to review and preview, making sure that government departments at all levels are in line to meet targets. Harder work is needed ...
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Heilongjiang harvests risen for 11 years
(Sep 25, 2014) HARBIN, Heilongjiang - Farmers in Heilongjiang province are busy harvesting food crops this September, saying the crops gathered have been full and abundant and they yield 6-10% more than last year. In China's northeast province of Heilongjiang, the fall harvesting season has been progressing smoothly, although farmers are searching everywhere for procurement loans and ...
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Qingdao's companies to present new medical materials
(Nov 20, 2014) QINGDAO, Shandong - Bright Moon Biomedical Materials made debut a new kind of marine-based medical material which gives Chinese companies access to markets not available before. Qingdao Bright Moon (Mingyue) Biomedical Materials based in Qingdao, Shandong has developed highly absorbable and biocompatible covering materials used for wound dressing. Made from ... 500 words ...
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