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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New port in Liaoning welcomes foreign ships
(Dec 31, 2007) The State Council of China gives Huludao Port in Liaoning province the green light to open to foreign ships, announced the Huludao Municipal Government in late December 2007. The Huludao port of entry will be responsible for customs clearance, inspection and quarantine, border inspection and marine affairs. Currently related department ...
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Hangzhou exhibition industry wants Hong Kong as a partner
(Dec 31, 2007) The Hangzhou exhibition industry is looking for more cooperations with Hong Kong to reap mutual benefits. Huang Feng, Vice-Director of Hangzhou Exhibition Development Office, says that exhibition industries in both cities have been cooperating in years and many Hong Kong firms participated in the annual Hangzhou West Lake Expo. Currently ...
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TDC suggests businessmen to develop BRIC
(Dec 29, 2007) Hong Kong businessmen are urged to explore new markets when the US faces challenges from sub-prime mortgages and possible stagflation. Hong Kong Trade Development Council chief economist Edward Leung points out that the U.S. exporting market may see negative growth in 2008, but the prospect does not look pessimistic. Leung ...
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Xiamen to set up a bonded port
(Dec 28, 2007) The city of Xiamen in Fujian province plans to carve out a bonded port area of 10 sq km, the upper limit in area, to speed up the development of the city. The Xiamen Municipal Government has submitted the application to the State Council of China in December 2007, says ...
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Tax adjustments for intermediate products start in Jan 2008
(Dec 27, 2007) To limit the exports of high energy consumption products, China's Ministry of Finance has adjusted the import and export tax rates for different products such as steel billets, coke and semi-coke, diesel fuel, gasoline and jet fuel, effective January 1, 2008. The export tax rate of steel billets will be ...
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Sino-US trade to exceed US$300bn in 2007
(Dec 24, 2007) Ministry of Commerce official He Ning says that Sino-American bilateral trade is expected to exceed US$300 billion in 2007. By the end of 2007, China may surpass Japan to be the third largest export market of the U.S. He says bilateral trade relationship between the two countries keeps increasing, as ...
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Full trade report management implemented in Guangdong
(Dec 21, 2007) The Guangdong Inspection and Quarantine Bureau is implementing full inspection and quarantine report management to obtain comprehensive cargo entry-exit information and to crack down improper practice. According to the new regulation, importers/exporters are required to report details of goods and other relevant information. Details to be reported include: goods name, ...
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US sub-prime affects foreign trade in Guangdong
(Dec 21, 2007) Export trade enterprises in Guangdong province has become one of the main victims of the US sub-prime crisis. Seagull Group, an export company manufacturing high class bathroom facilities in Panyu of Guangdong province, reveals that half of the company's market share comes from the US. Cui Dingchang, Secretary for Board ...
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