China News Direct

 
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Tianjin earns wine and dine revenues of RMB27Bn in 1H '12
(Oct 11, 2012) Nearly 6,000 new restaurants were opened in Tianjin in the first half of the year, giving the wine, dine and lodging industry altogether business revenue of RMB27.3 billion, growing 20% over a year ago. Tianjin is a firm believer in quality wine and dine and stylish lodging. Among the 6,000 ...
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Henan Relaxes Measures, Cuts Fees for Small Companies
(Aug 30, 2012) Henan province will relax administrative measures and change policies for micro and small start-up companies, allowing them to engage in research and development of technology and new media not banned by law. Entrepreneurship has never been easy, which applies equally to Henan. Now, the provincial government is going to relax ...
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Fujian Gives Say to Private Investments in Public Services
(Aug 27, 2012) Fujian province's Provincial Pricing Administration has just released 15 measures in this August to encourage private investments in public services which include building affordable housing for the low-to-medium income groups and providing waste treatment services at a premium. The Fujian provincial government will support private companies in building affordable housing ...
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Shanghai's ZJ Innopark Invests RMB100bn in Technology Development
(Aug 13, 2012) ZJ Innopark of Shanghai will invest RMB100 billion more in independent innovation over the next five years, focusing on technology development. ZJ Innopark is the third national independent innovation demonstration zone in China. It plans to invest RMB20 billion in industrial technology development each year over the 12th Five-year period ...
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Synchronize Light Industry through Exhibitions
(Aug 13, 2012) Trade exhibition will synchronize China's light industry and is gaining influence in shaping the Chinese economy. The light industry has high hope of shaping the modern economy in China, let alone its influence on repositioning China's industries and stimulating many auxiliary businesses. For many Chinese companies wishing to expand offshore ...
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China Sees Expanding Service Outsourcing
(Aug 07, 2012) Despite the spread of trade protectionism towards the service sector, China is expected to become the world's top service outsourcing country in five to eight years, creating employment for some 20 million people. The 5th Global Outsourcing Conference held in Kunming, Yunnan province on July 28 put the spotlight on ...
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Shanghai Ranks First in E-commerce Environment
(Aug 02, 2012) Shanghai tops Beijing and Guangzhou in e-commerce environment, and eastern Chinese provinces excel better than western provinces, according to the Chinese City E-commerce Development Prospect Report issued by Taobao.com. The first such report issued by Taobao weighs the e-commerce environment of 2,300 Chinese cities in terms of economic development, population, ...
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Hainan Invests RMB40Bn in Railway and Airport
(Jul 31, 2012) China's island province of Hainan will have a new railway running west-bound across eight cities, carrying 50 million passengers and over 10 million tons of goods a year. The provincial government has approved the construction of the Hainan West-Ring Railway which will be done in two phases. In the first ...
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China's Overseas Direct Investment Shifts Focus
(Jul 26, 2012) China's overseas direct investment showed a nearly 50% growth in the first half of 2012, and the investment in Hong Kong topped the list with a nearly 60% jump. In the first half of 2012, cumulated overseas direct investment from mainland Chinese investors jumped 48.2% year-on-year thanked to active mergers ...
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Beijing Grows on Technology, Signs RMB120Bn Contracts
(Jul 18, 2012) Beijing signed over 27,000 technology contracts in the first half of 2012, creating a turnover of RMB120 billion of which a majority was originated from strategic emerging industries. In the first six months, Beijing signed 27,577 technology contracts, showing a year-on-year growth of 29%. In terms of value, over 80% ...
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