China News Direct

 
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Wuxi Shuofang Stainless Steel opens for big trade
(Jun 18, 2014) KUNSHAN, Jiangsu - A new stainless steel industrial park of 200,000 square meters of warehousing space has just been opened in the Jiangsu city of Wuxi which trades 40% of China's stainless steel. The biggest stainless steel base in China, Wuxi Shuofang Stainless Steel Logistics Park, will be an amalgamated trading center large enough for 2,000 ...
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Guangdong comes first in saving export
(Jun 13, 2014) GUANGZHOU, Guangdong - Guangdong has come first in providing measures to bolster external trade after China's export growth fell to a negative realm in the first quarter, dropping 3.4% in value to US$491.31 billion over a year earlier. Among China's three economic engines of investment, consumption and export, export has lagged behind. Investments and personal consumption ...
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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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Beauties yet to come in cosmetic trade
(Jul 24, 2014) YANGZHOU, Jiangss - Cosmetic manufacturers based in Yangzhou city, Jiangsu province have seen rosy growth in exports thanks to an active traveling or tourism market. The rising demand for cosmetic materials and personal care products has given new business prospects to many Yangzhou companies. With time, a cosmetic industry is formed. Yangzhou's cosmetic merchants have ...
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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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Pharmaceutical companies seek new growth through Suzhou, Jiangsu
(Oct 28, 2014) SUZHOU, Jiangsu - Pharmaceutical companies in Jiangsu province will be able to import medical products and materials directly through Suzhou Industrial Park, bypassing customs in Shanghai or Nanjing to cut the logistics time half. In filling the demand for medical products, Suzhou Industrial Park opened a zone last week to ... 684 words, Hisense, Eli Lily, Chison Medical Imaging, Chugai Pharmaceutical, AstraZeneca, Yangtze River Pharmaceutical Group ...
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Food trade wins on logistics
(Sep 25, 2014) DALIAN, Liaoning - COFCO is going to build a foodstuff and edible oil logistics park in Dalian city, Liaoning province, keeping its food trade competitiveness in the northeast region of China. Chinese companies are teaming up with local counterparts and international partners to make food trade an ever-growing international business ... 578 words, COFCO, Port of Dalian Group, Dalian Commodities Exchange ...
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China reaches further out to US and UK
(Sep 10, 2014) BEIJING - The Ministry of Commerce (MOC) of China signed a memorandum of understanding with the state government of Texas, US in Beijing to promote bilateral trade and investments. The MOC is creating trade and investment ties with more US cities and states. Before Texas, the MOC has formed trade ...
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Business turns for the better via Shanghai
(Mar 19, 2014) SHANGHAI - New business is brewing up around China (Shanghai) Pilot Free Trade Zone where high-paying professional services or small trades such as wine import may take a turn for the better. Many Chinese companies are in combat mode, ready to take their business to the global stage via Shanghai ...
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Global trade: Future for Silk Road countries
(Apr 01, 2014) LIANYUNGANG, Jiangsu - One of Jiangsu's busiest port operators, Lianyungang Port Group, in February signed a joint venture agreement with Kazakhstan Railway Logistics Co. Ltd. to operate international cargo transport and transit services, giving countries along the ancient Silk Road access to modern seaports in China. Central Asian countries, including ...
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