China News Direct

 
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Shenzhen IT production value tops RMB615 billion in 2007
(Dec 31, 2007) In 2007, the production value of Shenzhen's Information Technology (IT) industry has considerably grown by 26 times to RMB615.472 billion in 2007 as compared with 1997. The amount is also the top among cities in China. The IT industry has become a core industry in Shenzhen. The proportion of the ...
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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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Suzhou Industrial Park goes public in 2009
(Dec 29, 2007) Senior management of the Sino-Singaporean investment project Suzhou Industrial Park confirms its listing plan. Park Administrative Committee director Ma Minglong says if everything goes smoothly, the China-Singapore Suzhou Industrial Park Development Co Ltd (CSSD) will go public either in China or in Singapore in 2009. The CSSD has increased its ...
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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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300 million children creates large toy market in China
(Dec 28, 2007) The 300 million children in China imply a huge toy market potential, says toy manufacturers in Hong Kong. Hong Kong Fortech Holdings Limited, a toy and electronic products company, anticipates 2007 sales to show a growth due to rising per capita income in China. Education toys such as notebook-like learning ...
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Hong Kong still leads in competitiveness
(Dec 28, 2007) According to a study by the China Institute of City Competitiveness, Hong Kong beats 289 mainland Chinese cities and lists first in competitiveness ranking again. In the competitiveness ranking, Shanghai lists the second while Beijing lists the third. The Institute says there is still financial development differences between Hong Kong ...
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Cooperation with China crucial to Hong Kong competitiveness
(Dec 28, 2007) Hong Kong must upgrade its finance sector and cooperate with Chinese cities to improve its competitiveness, says China Institute of City Competitiveness (CICC). Hong Kong again tops the list of a Chinese city competitiveness poll done by the CICC on December 27, 2007. Its legal system and general efficiency help ...
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63 hotels striped of star ratings
(Dec 27, 2007) The Guangdong Province Tourism Bureau announced that 63 hotels in the province of up to 4-star ratings had their stars striped away for poor service or sub-standard management. 11 of the batch are well known hotels in the cities of Guangzhou and Shenzhen. A total of 141 hotels in the ...
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Hotels launch unique programs to attract customers
(Dec 27, 2007) Hotels in the US launch special reward and bonus points program to strengthen customer loyalty. Customers are eager to redeem bonus points for special and unique experience, says Adman Burke, senior vice president and managing director of Hilton Hotels. Therefore, large hotel groups including Starwood Hotels and Resorts, Global Hyatt, ...
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Chinese blog population exceeds 47 million
(Dec 27, 2007) China has more than 46.98 million blog users until December 2007, says China Internet Network Information Center (CNNIC). Tencent QQ, Sina Blog, Net Ease and Sohu are the companies with the highest market shares. However, CNNIC anticipates the amount of new blog accounts will drop in the first half year ...
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