China News Direct

 
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China moderates growth for stability
(Oct 14, 2014) BEIJING - Those watching the Chinese economy may need to look at it differently as China is rather entering a stage where the Chinese authority is willing to give leeway in matters concerning the economy. Chinese Premier Li Keqiang said, in The Hamburg Summit, Germany last week, that he did not see a hard landing in the Chinese economy, and that the macro-economy is ...
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Hunan companies cast investment plans in Latin America
(Sep 15, 2014) CHANGSHA, Hunan - Chinese outbound investments in mining and infrastructure will increase as the provincial government of Hunan is initiating a number of plans to reach out to Latin America, Indo-China and Africa. The Department of Commerce of Hunan Province staged the Business Meeting for Latin America & Hunan Province, International ...
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Local governments make big moves in cross-city transport
(Dec 30, 2014) BEIJING - The municipal governments of Beijing, Tianjin and the provincial government of Hebei province formed a new company to invest in railway construction and operation, making expansive railway coverage for the capital region as a whole. For the first time, local governments see railway construction and operation going beyond ...
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Suzhou Industrial Park gains RMB advantage
(Jul 04, 2014) SUZHOU, Jiangsu - China-Singapore Suzhou Industrial Park will start trial run of four kinds of cross-border Renminbi (RMB) business, gaining a strong footing in China's international RMB business. Nodded by the People's Bank of China (PBOC), banks in Singapore will be able to lend to companies in Suzhou Industrial Park in RMB. Equity investment funds based ...
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Mobile games sales up 400% in 1H '14
(Aug 04, 2014) SHANGHAI - Shanghai has sold 30% of China's internet or online games, made possible by its highly urbanized development. A service-oriented economy and urban development have created a pool of ready consumers in China. People in big cities such as Beijing and Shanghai are more open to sales of internet services or cultural leisure products. Last year, sales of internet ...
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China steers its way through investments
(Aug 06, 2014) BEIJING - Stabilizing economic growth through investments and reforming pinpointed sectors will be the economic tone in China in the second half of the year, a consensus shared by many experts. The central politburo held a meeting on 29 July to review and preview, making sure that government departments at all levels are in line to meet targets. Harder work is needed ...
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Amazon looks seriously at China-bound logistics
(Aug 27, 2014) SHANGHAI - Amazon Inc. is said to be in talks with prominent express delivery companies in China to make China-bound delivery direct and easy. Amazon is said to be tapping e-commerce logistics and direct delivery from the US to China, seeking business alliance with bigger Chinese companies such as Shun Feng Express (SF Express) and EMS. No ...
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Shanghai's campus foretells trend in mobile shopping
(Nov 18, 2014) SHANGHAI - The weeks after the November 11 "singles' day" annual sales, thousands of college kids were rush-called to their dormitories to pick up parcels - something at college campuses in Shanghai which foretells the trend. Things not seen before happened last week when nearly 30,000 parcels a day were ... 511 words ...
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Singles' day, a rehearsal for peak retail season
(Nov 03, 2014) SHANGHAI - State Post Bureau of China expects online shopping activities started on "singles' day" on November 11 to give postal delivery companies a hundred million pieces of parcel, kick-starting an enormously busy Christmas-New Year retail season. Not just for singles, the months following the singles' day on November 11 ... 765 words ...
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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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