China News Direct

 
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Hong Kong Post Makes Direct Marketing Easy In China
(Dec 31, 2010) Hong Kong Post will expand its cross border direct mail delivery services to more cities in China after teaming up with China Post. The extended service covers nine major Chinese cities: Beijing, Shanghai, Nanjing, Guangzhou, Hangzhou, Chongqing, Chengdu, Harbin and Dalian. Before the extension, Hong Kong Post has offered such ...
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2.8Bn Chinese On Way Home This Spring Festival
(Dec 29, 2010) China's peak passenger traveling time once a year, the Spring Festival, will take place from January 19 to February 27, and over 2.8 billion Chinese people are expected to travel home, showing an increase of 11.6% year-on-year. National Development and Reform Commission (NDRC) forecasts that 2.853 billion passengers across the ...
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PBOC Expert: Higher Required Reserve Ratio Needs Second Thought
(Dec 27, 2010) Raising the bank required reserve ratio further will have a negative impact on the stock market, which warrants a second thought, warned Xia Bing, monetary committee member of People's Bank of China (PBOC). Xia believes the monetary policy for 2011 will tilt towards the tight end although the main tune ...
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China Seeks Industrial Upgrade over 12th Five-Year Period
(Dec 26, 2010) Pursuing industrial upgrade instead of high-speed growth will be the target of industrial development in China over the next five years. Speaking as the head of Ministry of Industry and Information Technology (MIIT) for the last time, Minister Li Yi-zhong said at an annual conference in Beijing that over the ...
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Shenzhen Metro Raises Fare
(Dec 26, 2010) Travelers on Shenzhen Metro will need to pay more starting from December 28, and the fare rise will be linked to the distance traveled. In the new fare schedule, Shenzhen Metro passengers, after paying a basic fare of RMB2 for a trip of four kilometers, will need to pay RMB1 ...
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China's New Loan Structure Will Change
(Dec 24, 2010) The structure of new loans will change in China, of which an increase in note financing will be seen next year, forecast China International Capital Corporation Limited (CICC) in its latest report. CICC is of the opinion that new loan growth in 2011 will not be anything less than this ...
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Asia Cement To Finance Three More Production Lines
(Dec 24, 2010) The demand for cement will continue to rise in China next year, keeping prices of cement at a level similar to this year's, according to Chang Tsai-hsiung, CEO of Asia Cement (China) Holding Corporation. Chang forecasts that for the full year of 2010, Asia Cement (China) will be able to ...
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China Raises Gasoline, Diesel Prices
(Dec 22, 2010) China has raised the gasoline price and diesel price by RMB310 per ton and RMB300 per ton respectively, but has kept the surcharge on transport-used fuel oil unchanged in order to ensure supply. National Development and Reform Commission (NDRC) has announced the price hike which will take effect at midnight ...
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China Lifts Railway Capacity With New Schedule
(Dec 21, 2010) The Ministry of Railway of China has completed drafting a new national railway schedule and operational targets for next year which will take effect on January 11, 2011. The new railway plan will focus on lifting the passenger transport capacity and frequency of railways, and the cargo tonnage of cargo ...
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Shanghai Hongqiao Airport Launches Flights To Macau
(Dec 15, 2010) Shanghai Hongqiao International Airport will launch regular direct flights to Macau on December 15. Air Macau will operate the initial Shanghai Hongqiao-Macau flights and be joined by Shanghai Airlines on January 1. Both airlines will together provide 14 flights on the route weekly. With the new services, Shanghai's two international ...
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