China News Direct

 
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Guizhou's Construction Industry Posted 27% Growth in 2009
(Dec 28, 2009) Guizhou province continues to increase investment in transportation, water conservation and other infrastructure, driving double-digit growths in industrial value and value added in the construction industry. The province started key projects in the third quarter of 2009, and subcontracted construction work with total value of RMB33.103 billion, an increase of ...
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Sales of Building Material Rose 11% in Fujian
(Dec 25, 2009) From January to November 2009, above-scale building material enterprises (those with an annual sales of over RMB5 million) in Fujian province recorded industrial output value of RMB121.3 billion, an increase of 11.5% on-year. They completed sales output value of RMB118.3 billion, an increase of 10.9% on-year with a sales rate ...
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Cement Price Rises Steadily in China
(Dec 21, 2009) The ex-factory price of cement in China rose RMB2 from October to RMB278 per ton in November 2009, posting a two-month rise and cement price in December is expected to show steady increase. Rises in cement price were more noticeable in western and eastern China. In western China, the ex-factory ...
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Guizhou in Housing Construction Boom
(Dec 21, 2009) Guizhou province's housing construction area continued to expand and the rate of completion became faster in the second half of 2009. In the third quarter of 2009, construction enterprises in Guizhou constructed housing area of 40.55 million square meters, an increase of 4.51 million square meters, and rising 12.5% over ...
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Chongqing Strives for Industrial Sale of RMB1tr
(Dec 18, 2009) Chongqing will take advantage of the post-financial crisis time to achieve industrial sale of over RMB1 trillion in 2010. Huang Qifan, deputy secretary of Chongqing municipal committee of the CPC and acting mayor of Chongqing, described Chongqing as a city that saw the global financial crisis happening a quarter later ...
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Polled Banks Expects Stable Monetary Policy
(Dec 17, 2009) A survey by People's Bank of China (PBOC) revealed that 66% of banks expected the existing monetary policy to stay the same in 1Q 2010, and more entrepreneurs and businesses were optimistic about the future macro-economic situation. PBOC reported that bankers' macroeconomic confidence index in 4Q 2009 has rebounded for ...
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China Received 61% of the World's New Shipbuilding Orders
(Dec 15, 2009) All shipyards in China completed shipbuilding of 36.54 million deadweight tons (dwt) in the first 11 months of 2009, up 41% on-year. Shipyards in China signed new shipbuilding orders of 22.94 million dwt, down 61% on-year amid a weak international economy. In November, shipyards signed 3.83 million dwt of new ...
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Zhejiang Investors Go North to Jilin
(Nov 11, 2009) Zhejiang enterprises are investing RMB9 billion in the Zheshang Industrial Park in Jilin province. Zhejiang's enterprises are flooding into the market of Jilin that offers new opportunities, as revealed in the Zhejiang Chamber of Commerce's anniversary celebration. Up to now, Zhejiang enterprises have invested a cumulative amount of RMB30 billion ...
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Hong Kong Firm Builds Semi-conductor Base in Changchun, Jilin
(Nov 11, 2009) Jilin province's Changchun City and Hong Kong-based Wei Zhi Light and Electric (Holdings) Co. Ltd. signed an investment cooperation agreement concerning the building of a semiconductor lighting energy base in Changchun. The project requires an investment of RMB1 billion. Changchun, as a major light and electric industry base, has a ...
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Tianjin To Build the Biggest Decorative Textile Base
(Dec 28, 2009) The Tianjin Carpet Production, R&D Industrial Park that started construction in May this year has attracted contented amount of investment. The park is located in Cui Huang Town of Tianjin with currently Weibao Furniture Co. Ltd and Huali Sports stationed in the park. The park is built with an investment ...
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