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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Shenzhen secondary battery industry values RMB15bn
(Dec 31, 2007) Shenzhen is currently the second largest secondary battery production and export base in China. The city has also formed a mature secondary battery production chain. The secondary battery production chain aims for developing 4 kinds of batteries including lithium ion battery, nickel-metal hydride battery, nickel-cadmium battery and lead-acid battery. Shenzhen ...
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Guizhou pioneers in energy saving power generation
(Dec 31, 2007) The province of Guizhou pioneers in running China's energy saving power generation system trials on 30th December 2007. Under the system, regions are encouraged to generate clean and renewable energy as a priority to other forms of energy. The system will also ensure electricity is consumed efficiently. The National Development ...
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Hengyang Steel Tube annual sales RMB6.5 billion
(Dec 29, 2007) Hunan Hengyang Steel Tube (Group) Company, a subsidiary of the Valin Group of China, records a 2007 sales revenue of RMB6.5 billion, a 30% year-on-year increase. 2007 steel tube output exceeds the one million ton mark and the proportion of higher valued specialty steel tube rises to 74%, thanks to ...
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UDL: High oil price brings more exploration business
(Dec 29, 2007) UDL Holdings Ltd. is optimistic about offshore oil exploration and related engineering work. It is planning to enhance production capacity by restructuring its production plants in Singapore and Zhongshan, Guangdong. UDL sees a sharp rise in oil exploration work due to the high crude oil price. When the plant in ...
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China Strategic buys a coal mine of 7.5mn reserve
(Dec 29, 2007) China Strategic Holdings Ltd. has signed a memorandum of understanding with Gainpro Group to acquire a coal mine in Inner Mongolia for HK$320 million. The coal mine, owned by Xiwuzhumuqinqi Jinzheng Mining Co. Ltd. in Inner Mongolia, has confirmed reserve of 7.5 million tons of coal. It has obtained an ...
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Yueshou Environmental profits from desulfur services
(Dec 29, 2007) Yueshou Environmental Holdings Ltd. expects to see an over 50% market share in the power plant desulfur market in Guangzhou. It plans to sustain profit through providing desulfur technology. Yueshou Environmental has confident in achieving a whole-year sales revenue of HK$70 million in 2007. From sales of desulfur technology and ...
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Sinopec Qingdao refinery trial runs in March
(Dec 29, 2007) China Petroleum Corporation (Sinopec) says subsidiary China Petroleum & Chemical Corporation's refinery of 10 million tonne yearly capacity in Qingdao city in the province of Shandong will finish construction by the end of January 2008 and trial runs will start in March. The Qingdao plant is a joint RMB 9.7 ...
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Changsha expects 15% GDP growth in 2008
(Dec 29, 2007) Changsha municipal in Hunan province has achieved an average growth of 14.8% in the aggregate economic value for five consecutive years from 2003 to 2007. In 2007, the GDP value of Changsha will be double that recorded in 2002 and reach RMB217.9 billion. The GDP per capita in Changsha has ...
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Russia East Siberian-Pacific Ocean oil pipeline continued
(Dec 29, 2007) Russia will continue to accelerate the construction of East Siberian-Pacific Ocean oil pipeline. Rumours have been spread that the actual operation time of the oil pipeline will postpone from the end of 2008 to September 2009. However, Alexander Losiukov, Deputy Foreign Minister of Russia, stresses that Russia has not given ...
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