China News Direct

 
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PBOC Names Development Direction for 2010
(Dec 31, 2009) China will continue to implement a moderately easy monetary policy and make efforts to improve the operation and flexibility of the policies, says Zhou Xiaochuan, governor of People's Bank of China (PBOC). The government will give more effort to harness credit policies to support underdeveloped fields, employment, strategic emerging industries ...
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Mainland Chinese To Buy More From Taiwan
(Dec 31, 2009) The total amount of mainland Chinese procurement of Taiwan-made commodities and products reached US$14 billion in 2009, accounting for 7.6% of Taiwan's total export amount in the first 11 months of the year, according to Fan Liqing, Spokesperson of the State Council Taiwan Affairs Office. The procured products include electronic ...
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China May Surpass Japan in GDP Value
(Dec 24, 2009) China's per capita GDP will get close to US$4,000 next year, the Chinese Academy of Social Sciences forecast. National Bureau of Statistics of China revealed China's GDP value reached RMB25,730.6 billion in 2007, approximately US$3.38 trillion, to become the world's third largest economy. The figure exceeds Germany's US$3.32 trillion in ...
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Chongqing Strives for Industrial Sale of RMB1tr
(Dec 18, 2009) Chongqing will take advantage of the post-financial crisis time to achieve industrial sale of over RMB1 trillion in 2010. Huang Qifan, deputy secretary of Chongqing municipal committee of the CPC and acting mayor of Chongqing, described Chongqing as a city that saw the global financial crisis happening a quarter later ...
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Zhejiang Investors Go North to Jilin
(Nov 11, 2009) Zhejiang enterprises are investing RMB9 billion in the Zheshang Industrial Park in Jilin province. Zhejiang's enterprises are flooding into the market of Jilin that offers new opportunities, as revealed in the Zhejiang Chamber of Commerce's anniversary celebration. Up to now, Zhejiang enterprises have invested a cumulative amount of RMB30 billion ...
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Nepal and China Open To Wider Cooperation
(Dec 30, 2009) Nepal and China's Tibet Autonomous Region have broad space for bilateral cooperation, Nepal Prime Minister, Nepal revealed at a speech at Tsinghua University in Beijing on 30 December 2009. Nepal indicated China-Nepal had a broad space for cooperation in fields of civil aviation, trade, agriculture, animal husbandry and tourism. Nepal ...
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Audit Office Keeps Watching RMB4tn Stimulus Spending
(Dec 30, 2009) Some RMB9 billion of funds allocated from the central government's RMB4 trillion stimulus have not been utilized on 1,981 designated projects by local authorities, accounting for 45.58% of the total, according to National Audit Office (NAO). Local governments in China have arranged 115,000 investment projects to spur domestic demand with ...
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Taiwan Ready To Start ECFA Talks
(Dec 30, 2009) The Economic Cooperation Framework Agreement (ECFA) between Taiwan and mainland China will start negotiation next month, aiming to sign the agreement during the fifth Chen Yunlin-Chiang Pinkun Talk, according to Shih Yen-shiang, Minister of Economic Affairs, Taiwan. The agreement will mainly cover goods and services industry in the preliminary phase. ...
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Top Cities, Top Divorce
(Dec 28, 2009) China's biggest economic centre Shanghai has a steady rise in the rate of divorce in these few years. A research with 500 divorcees by the Institute of Sociology, Shanghai Academy of Social Sciences revealed that there were a number of factors leading to the road of separation. In Shanghai, over ...
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Guangdong Wants More Private Medical Services
(Dec 28, 2009) Guangdong's provincial government proposes to adopt new policies promoting an amalgamated Hong Kong-Macau-Guangdong medical cooperation under the framework of CEPA. The Guangdong government introduced that the new policies would attract capital and talent from Hong Kong and Macau to the medical service market of Guangdong, helping Guangdong build a private-led ...
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